Schwab US Dividend Equity ETF $SCHD Position Increased by Advisory Resource Group

Advisory Resource Group lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.4% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 59,500 shares of the company’s stock after acquiring an additional 2,520 shares during the quarter. Advisory Resource Group’s holdings in Schwab US Dividend Equity ETF were worth $1,577,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of SCHD. MOKAN Wealth Management Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 4.9% during the 2nd quarter. MOKAN Wealth Management Inc. now owns 150,769 shares of the company’s stock worth $3,995,000 after purchasing an additional 6,985 shares in the last quarter. Principal Financial Group Inc. bought a new stake in Schwab US Dividend Equity ETF in the first quarter worth $384,000. Elevate Wealth Advisory Inc. increased its position in Schwab US Dividend Equity ETF by 7.4% during the first quarter. Elevate Wealth Advisory Inc. now owns 56,983 shares of the company’s stock worth $1,593,000 after buying an additional 3,915 shares during the last quarter. AE Wealth Management LLC increased its position in Schwab US Dividend Equity ETF by 13.2% during the second quarter. AE Wealth Management LLC now owns 321,104 shares of the company’s stock worth $8,509,000 after buying an additional 37,403 shares during the last quarter. Finally, Muirfield Wealth Advisors LLC raised its holdings in Schwab US Dividend Equity ETF by 19.4% during the second quarter. Muirfield Wealth Advisors LLC now owns 98,573 shares of the company’s stock valued at $2,612,000 after buying an additional 15,988 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $27.24 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72. The stock has a market capitalization of $70.44 billion, a P/E ratio of 14.57 and a beta of 0.77. The business has a 50-day moving average of $27.08 and a two-hundred day moving average of $26.90.

Schwab US Dividend Equity ETF 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.