8,556 Shares in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Acquired by BG Investment Services Inc.

BG Investment Services Inc. purchased a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 8,556 shares of the company’s stock, valued at approximately $234,000. Schwab US Dividend Equity ETF makes up about 0.2% of BG Investment Services Inc.’s holdings, making the stock its 28th biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in SCHD. Citigroup Inc. raised its position in Schwab US Dividend Equity ETF by 6.7% in the 3rd quarter. Citigroup Inc. now owns 170,486 shares of the company’s stock valued at $14,411,000 after buying an additional 10,724 shares during the last quarter. Summit Trail Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF by 103.2% during the 3rd quarter. Summit Trail Advisors LLC now owns 6,183 shares of the company’s stock worth $523,000 after acquiring an additional 3,140 shares in the last quarter. Brown Brothers Harriman & Co. raised its holdings in shares of Schwab US Dividend Equity ETF by 2,063.8% in the third quarter. Brown Brothers Harriman & Co. now owns 35,032 shares of the company’s stock valued at $2,961,000 after purchasing an additional 33,413 shares during the last quarter. Bank of Montreal Can lifted its position in shares of Schwab US Dividend Equity ETF by 11.5% in the third quarter. Bank of Montreal Can now owns 33,878 shares of the company’s stock worth $2,855,000 after purchasing an additional 3,503 shares in the last quarter. Finally, Summit Financial Wealth Advisors LLC boosted its holdings in Schwab US Dividend Equity ETF by 3.6% during the third quarter. Summit Financial Wealth Advisors LLC now owns 574,672 shares of the company’s stock worth $48,577,000 after purchasing an additional 19,831 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.9 %

Schwab US Dividend Equity ETF stock opened at $27.84 on Wednesday. Schwab US Dividend Equity ETF has a 1-year low of $25.18 and a 1-year high of $29.72. The company has a fifty day simple moving average of $27.98 and a 200 day simple moving average of $28.14. The company has a market cap of $69.04 billion, a P/E ratio of 17.56 and a beta of 0.86.

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.