KG&L Capital Management LLC Buys 18,683 Shares of Schwab US Dividend Equity ETF $SCHD

KG&L Capital Management LLC grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 98.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 37,570 shares of the company’s stock after buying an additional 18,683 shares during the quarter. KG&L Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,026,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. MOKAN Wealth Management Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 4.9% in the 2nd quarter. MOKAN Wealth Management Inc. now owns 150,769 shares of the company’s stock valued at $3,995,000 after purchasing an additional 6,985 shares in the last quarter. Advisory Resource Group lifted its stake in Schwab US Dividend Equity ETF by 4.4% in the second quarter. Advisory Resource Group now owns 59,500 shares of the company’s stock worth $1,577,000 after purchasing an additional 2,520 shares during the last quarter. Welch Group LLC boosted its position in Schwab US Dividend Equity ETF by 44.7% during the second quarter. Welch Group LLC now owns 11,724 shares of the company’s stock valued at $311,000 after buying an additional 3,624 shares during the period. DMKC Advisory Services LLC grew its stake in shares of Schwab US Dividend Equity ETF by 10.6% during the third quarter. DMKC Advisory Services LLC now owns 219,680 shares of the company’s stock valued at $5,997,000 after buying an additional 20,989 shares during the last quarter. Finally, AE Wealth Management LLC grew its stake in shares of Schwab US Dividend Equity ETF by 13.2% during the second quarter. AE Wealth Management LLC now owns 321,104 shares of the company’s stock valued at $8,509,000 after buying an additional 37,403 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.6%

NYSEARCA SCHD opened at $27.91 on Tuesday. The firm has a market cap of $72.81 billion, a PE ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $28.84. The stock has a 50-day moving average of $27.30 and a 200-day moving average of $27.22.

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.