Berger Financial Group Inc Increases Stake in Schwab US Dividend Equity ETF $SCHD

Berger Financial Group Inc boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,152,856 shares of the company’s stock after purchasing an additional 95,645 shares during the quarter. Schwab US Dividend Equity ETF comprises about 5.0% of Berger Financial Group Inc’s investment portfolio, making the stock its largest position. Berger Financial Group Inc owned about 0.12% of Schwab US Dividend Equity ETF worth $86,483,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Mountain Hill Investment Partners Corp. raised its position in shares of Schwab US Dividend Equity ETF by 1,241.8% during the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after buying an additional 832 shares in the last quarter. Biltmore Family Office LLC grew its position in Schwab US Dividend Equity ETF by 116.4% in the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after acquiring an additional 524 shares in the last quarter. Triumph Capital Management purchased a new position in Schwab US Dividend Equity ETF in the third quarter worth about $33,000. KERR FINANCIAL PLANNING Corp purchased a new position in Schwab US Dividend Equity ETF in the third quarter worth about $35,000. Finally, Reyes Financial Architecture Inc. increased its stake in Schwab US Dividend Equity ETF by 1,903.1% during the third quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock worth $36,000 after acquiring an additional 1,237 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $31.05 on Friday. Schwab US Dividend Equity ETF has a 1 year low of $24.76 and a 1 year high of $31.95. The stock’s 50 day simple moving average is $31.03 and its two-hundred day simple moving average is $28.90. The company has a market cap of $87.22 billion, a PE ratio of 14.57 and a beta of 0.70.

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.