Bfsg LLC Has $2.97 Million Stake in Schwab US Dividend Equity ETF $SCHD

Bfsg LLC decreased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 31.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 108,280 shares of the company’s stock after selling 50,295 shares during the period. Bfsg LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,970,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ridgecrest Wealth Partners LLC boosted its stake in Schwab US Dividend Equity ETF by 13.4% in the 4th quarter. Ridgecrest Wealth Partners LLC now owns 27,655 shares of the company’s stock worth $759,000 after purchasing an additional 3,264 shares during the period. Carlton Hofferkamp & Jenks Wealth Management LLC boosted its stake in Schwab US Dividend Equity ETF by 5.7% in the 4th quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 39,242 shares of the company’s stock worth $1,076,000 after purchasing an additional 2,128 shares during the period. Intergy Private Wealth LLC boosted its stake in Schwab US Dividend Equity ETF by 5.8% in the 4th quarter. Intergy Private Wealth LLC now owns 1,082,362 shares of the company’s stock worth $29,689,000 after purchasing an additional 59,749 shares during the period. Vicus Capital boosted its stake in Schwab US Dividend Equity ETF by 12.7% in the 4th quarter. Vicus Capital now owns 11,258 shares of the company’s stock worth $309,000 after purchasing an additional 1,268 shares during the period. Finally, Maseco LLP acquired a new position in Schwab US Dividend Equity ETF in the 4th quarter worth approximately $44,000.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $30.94 on Friday. The company has a 50 day moving average price of $31.01 and a 200 day moving average price of $28.74. The firm has a market capitalization of $85.67 billion, a price-to-earnings ratio of 14.57 and a beta of 0.74. Schwab US Dividend Equity ETF has a 52 week low of $24.31 and a 52 week high of $31.95.

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.