IFP Advisors Inc Purchases 17,536 Shares of Schwab US Dividend Equity ETF $SCHD

IFP Advisors Inc increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 712,723 shares of the company’s stock after buying an additional 17,536 shares during the period. IFP Advisors Inc’s holdings in Schwab US Dividend Equity ETF were worth $22,600,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the business. Brighton Jones LLC raised its position in Schwab US Dividend Equity ETF by 404.6% during the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after purchasing an additional 84,262 shares during the period. Revolve Wealth Partners LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 206.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after purchasing an additional 51,696 shares during the period. Bison Wealth LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 234.4% in the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after purchasing an additional 309,400 shares during the period. Goldman Sachs Group Inc. increased its position in shares of Schwab US Dividend Equity ETF by 35.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after purchasing an additional 155,769 shares during the last quarter. Finally, United Bank raised its holdings in Schwab US Dividend Equity ETF by 5.0% during the 2nd quarter. United Bank now owns 195,713 shares of the company’s stock valued at $5,186,000 after buying an additional 9,351 shares during the period.

Schwab US Dividend Equity ETF Stock Down 1.1%

Shares of SCHD opened at $34.41 on Wednesday. The company has a market cap of $106.91 billion, a PE ratio of 14.57 and a beta of 0.68. The business has a fifty day moving average of $33.74 and a 200 day moving average of $32.30. Schwab US Dividend Equity ETF has a 52-week low of $26.32 and a 52-week high of $35.31.

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.