FRG Family Wealth Advisors LLC Increases Stock Holdings in Schwab US Dividend Equity ETF $SCHD

FRG Family Wealth Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 355,192 shares of the company’s stock after buying an additional 1,067 shares during the period. Schwab US Dividend Equity ETF comprises approximately 1.6% of FRG Family Wealth Advisors LLC’s investment portfolio, making the stock its 14th largest holding. FRG Family Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $9,413,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Lederer & Associates Investment Counsel CA boosted its stake in shares of Schwab US Dividend Equity ETF by 1.5% in the second quarter. Lederer & Associates Investment Counsel CA now owns 25,162 shares of the company’s stock worth $667,000 after acquiring an additional 375 shares during the last quarter. Madden Advisory Services Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 0.3% in the second quarter. Madden Advisory Services Inc. now owns 113,315 shares of the company’s stock worth $3,003,000 after acquiring an additional 383 shares during the last quarter. Bellevue Asset Management LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 1.2% in the second quarter. Bellevue Asset Management LLC now owns 33,109 shares of the company’s stock worth $877,000 after acquiring an additional 389 shares during the last quarter. Cowa LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 0.3% in the first quarter. Cowa LLC now owns 121,867 shares of the company’s stock worth $3,407,000 after acquiring an additional 394 shares during the last quarter. Finally, Gateway Wealth Partners LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 3.2% in the first quarter. Gateway Wealth Partners LLC now owns 12,883 shares of the company’s stock worth $360,000 after acquiring an additional 400 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $26.74 on Thursday. The business’s 50 day moving average price is $27.31 and its 200-day moving average price is $26.80. The firm has a market capitalization of $69.27 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 $29.72.

About Schwab US Dividend Equity ETF

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.