CGN Advisors LLC Raises Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

CGN Advisors LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 169.8% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 26,690 shares of the company’s stock after buying an additional 16,797 shares during the period. CGN Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $729,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in SCHD. Central Pacific Bank Trust Division raised its stake in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after acquiring an additional 604 shares during the last quarter. IFS Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 184.4% in the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after purchasing an additional 699 shares during the period. Kennebec Savings Bank purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth approximately $31,000. Barrett & Company Inc. purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at $34,000. Finally, Legacy Investment Solutions LLC acquired a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at $34,000.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $27.99 on Friday. The stock has a market capitalization of $19.63 billion, a PE ratio of 15.04 and a beta of 0.74. The company has a fifty day moving average of $28.19 and a 200-day moving average of $27.82. Schwab US Dividend Equity ETF has a one year low of $25.03 and a one year high of $29.72.

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.