MCF Advisors LLC Has $911,000 Position in Schwab US Dividend Equity ETF $SCHD

MCF Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 135.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 33,358 shares of the company’s stock after purchasing an additional 19,189 shares during the quarter. MCF Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $911,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Brighton Jones LLC grew its holdings in Schwab US Dividend Equity ETF by 404.6% during the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after purchasing an additional 84,262 shares during the period. Revolve Wealth Partners LLC increased its position in Schwab US Dividend Equity ETF by 206.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after buying an additional 51,696 shares during the period. Bison Wealth LLC increased its position in Schwab US Dividend Equity ETF by 234.4% during the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after acquiring an additional 309,400 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Schwab US Dividend Equity ETF by 35.6% in the first quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after buying an additional 155,769 shares in the last quarter. Finally, Vontobel Holding Ltd. acquired a new position in Schwab US Dividend Equity ETF in the 2nd quarter valued at $240,000.

Schwab US Dividend Equity ETF Stock Up 1.6%

SCHD stock opened at $31.47 on Friday. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $31.49. The firm has a market cap of $82.77 billion, a P/E ratio of 14.57 and a beta of 0.77. The company’s 50-day moving average price is $28.42 and its two-hundred day moving average price is $27.61.

Schwab US Dividend Equity ETF Company Profile

The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index, a market-cap-weighted index of 100 dividend-paying US equities. SCHD was launched on Oct 20, 2011 and is managed by Schwab.