Safeguard Investment Advisory Group LLC increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 22.6% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 246,850 shares of the company’s stock after acquiring an additional 45,447 shares during the period. Schwab US Dividend Equity ETF makes up about 1.8% of Safeguard Investment Advisory Group LLC’s investment portfolio, making the stock its 8th largest position. Safeguard Investment Advisory Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $7,828,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Merrithew & Thorsten Inc acquired a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $25,000. Byrne Asset Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the second quarter valued at approximately $26,000. DiNuzzo Private Wealth Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the second quarter valued at approximately $27,000. Dynamic Wealth Strategies LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $29,000. Finally, Ashton Thomas Securities LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the first quarter worth approximately $32,000.
Schwab US Dividend Equity ETF Price Performance
Shares of NYSEARCA SCHD opened at $35.01 on Thursday. The stock has a fifty day moving average price of $33.51 and a 200 day moving average price of $32.21. Schwab US Dividend Equity ETF has a 1-year low of $26.32 and a 1-year high of $35.31. The company has a market cap of $108.77 billion, a PE ratio of 14.57 and a beta of 0.67.
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.
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