Schwab US Dividend Equity ETF $SCHD Shares Bought by KFG Wealth Management LLC

KFG Wealth Management LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 20.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 99,685 shares of the company’s stock after buying an additional 16,687 shares during the quarter. KFG Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,058,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Elmwood Wealth Management Inc. purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $1,003,000. Bell Bank increased its stake in Schwab US Dividend Equity ETF by 53.3% during the 4th quarter. Bell Bank now owns 104,155 shares of the company’s stock valued at $2,857,000 after purchasing an additional 36,212 shares in the last quarter. Aspire Capital Advisors LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 2.9% in the fourth quarter. Aspire Capital Advisors LLC now owns 1,063,961 shares of the company’s stock worth $29,184,000 after buying an additional 30,146 shares during the last quarter. BIP Wealth LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth $1,589,000. Finally, Freestone Capital Holdings LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 62.7% during the fourth quarter. Freestone Capital Holdings LLC now owns 42,792 shares of the company’s stock worth $1,174,000 after buying an additional 16,486 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $31.72 on Thursday. The company’s fifty day moving average price is $31.90 and its 200-day moving average price is $30.52. Schwab US Dividend Equity ETF has a 1-year low of $26.16 and a 1-year high of $32.92. The firm has a market capitalization of $90.04 billion, a PE ratio of 14.57 and a beta of 0.67.

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.