KFG Wealth Management LLC Raises Stake in Schwab US Dividend Equity ETF $SCHD

KFG Wealth Management LLC increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report) by 20.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 99,685 shares of the company’s stock after buying an additional 16,687 shares during the quarter. KFG Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,058,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of SCHD. Sumitomo Life Insurance Co. acquired a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $847,665,000. Cassaday & Co Wealth Management LLC increased its stake in shares of Schwab US Dividend Equity ETF by 52.2% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock worth $253,570,000 after acquiring an additional 3,170,728 shares during the period. Cibc World Market Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 31.8% during the fourth quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock worth $192,634,000 after purchasing an additional 1,694,144 shares during the last quarter. Keudell Morrison Wealth Management purchased a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter worth $43,773,000. Finally, Evergreen Advisors LLC acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter valued at $41,630,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $31.72 on Thursday. Schwab US Dividend Equity ETF has a one year low of $26.16 and a one year high of $32.92. The firm has a market cap of $90.04 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67. The firm’s fifty day moving average is $31.90 and its two-hundred day moving average is $30.52.

About Schwab US Dividend Equity ETF

(Free Report)

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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Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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