Victory Financial Group LLC Has $46.61 Million Position in Schwab US Dividend Equity ETF $SCHD

Victory Financial Group LLC reduced its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 12.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,699,154 shares of the company’s stock after selling 235,655 shares during the period. Schwab US Dividend Equity ETF comprises 5.9% of Victory Financial Group LLC’s portfolio, making the stock its 2nd largest holding. Victory Financial Group LLC owned 0.06% of Schwab US Dividend Equity ETF worth $46,608,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Ironwood Wealth Management LLC. increased its stake in shares of Schwab US Dividend Equity ETF by 9.1% in the 4th quarter. Ironwood Wealth Management LLC. now owns 32,075 shares of the company’s stock worth $914,000 after purchasing an additional 2,679 shares in the last quarter. Econ Financial Services Corp purchased a new position in Schwab US Dividend Equity ETF during the fourth quarter valued at $7,243,000. Dominguez Wealth Management Solutions Inc. grew its holdings in Schwab US Dividend Equity ETF by 20.2% during the fourth quarter. Dominguez Wealth Management Solutions Inc. now owns 28,775 shares of the company’s stock valued at $789,000 after purchasing an additional 4,833 shares during the period. Great Waters Wealth Management increased its position in Schwab US Dividend Equity ETF by 1.9% in the fourth quarter. Great Waters Wealth Management now owns 81,142 shares of the company’s stock worth $2,226,000 after buying an additional 1,527 shares in the last quarter. Finally, My Personal CFO LLC purchased a new stake in Schwab US Dividend Equity ETF in the fourth quarter worth about $1,662,000.

Schwab US Dividend Equity ETF Stock Up 0.7%

NYSEARCA SCHD opened at $30.68 on Wednesday. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $31.95. The company has a market capitalization of $80.70 billion, a P/E ratio of 14.57 and a beta of 0.77. The stock’s 50-day moving average price is $30.81 and its 200-day moving average price is $28.60.

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.