RFG Advisory LLC Raises Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

RFG Advisory LLC lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 209.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 750,119 shares of the company’s stock after acquiring an additional 507,780 shares during the period. Schwab US Dividend Equity ETF comprises about 0.6% of RFG Advisory LLC’s holdings, making the stock its 28th biggest position. RFG Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $20,493,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Central Pacific Bank Trust Division lifted its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after buying an additional 604 shares during the period. Hoese & Co LLP acquired a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at about $26,000. IFS Advisors LLC raised its stake 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 worth $29,000 after purchasing an additional 699 shares during the last quarter. Kennebec Savings Bank acquired a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth about $31,000. Finally, Olistico Wealth LLC boosted its position in Schwab US Dividend Equity ETF by 202.2% in the fourth quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after buying an additional 748 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.6 %

SCHD opened at $28.09 on Friday. Schwab US Dividend Equity ETF has a 12-month low of $25.16 and a 12-month high of $29.72. The firm has a 50 day moving average of $28.13 and a two-hundred day moving average of $27.87. The firm has a market capitalization of $19.71 billion, a PE ratio of 15.04 and a beta of 0.74.

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.