C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Takes $766,000 Position in Schwab US Dividend Equity ETF $SCHD

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 27,920 shares of the company’s stock, valued at approximately $766,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Biltmore Family Office LLC boosted its position in Schwab US Dividend Equity ETF by 116.4% during the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after purchasing an additional 524 shares in the last quarter. Triumph Capital Management purchased a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at $33,000. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $35,000. Reyes Financial Architecture Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 1,903.1% in the 3rd quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock worth $36,000 after buying an additional 1,237 shares in the last quarter. Finally, Turning Point Benefit Group Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth about $36,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $30.56 on Friday. The company’s 50-day moving average price is $30.90 and its 200 day moving average price is $28.66. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $31.95. The stock has a market cap of $84.52 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

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.