PFG Investments LLC Has $6.36 Million Stock Holdings in Schwab US Dividend Equity ETF $SCHD

PFG Investments LLC boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 9.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 207,130 shares of the company’s stock after purchasing an additional 17,987 shares during the quarter. PFG Investments LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,355,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in SCHD. Brighton Jones LLC boosted its position in shares of Schwab US Dividend Equity ETF by 404.6% in the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after acquiring an additional 84,262 shares during the period. Revolve Wealth Partners LLC grew its stake in shares of Schwab US Dividend Equity ETF by 206.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after acquiring an additional 51,696 shares during the last quarter. Bison Wealth LLC grew its stake in shares of Schwab US Dividend Equity ETF by 234.4% in 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 last quarter. Goldman Sachs Group Inc. increased its position in Schwab US Dividend Equity ETF by 35.6% during the first quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock worth $16,579,000 after acquiring an additional 155,769 shares during the period. Finally, United Bank increased its position in Schwab US Dividend Equity ETF by 5.0% during the second quarter. United Bank now owns 195,713 shares of the company’s stock worth $5,186,000 after acquiring an additional 9,351 shares during the period.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $32.39 on Friday. Schwab US Dividend Equity ETF has a one year low of $26.21 and a one year high of $32.92. The company has a fifty day moving average price of $32.06 and a 200 day moving average price of $30.72. The stock has a market cap of $97.46 billion, a P/E ratio of 14.57 and a beta of 0.68.

About Schwab US Dividend Equity ETF

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.