TCG Advisory Services LLC Makes New $361,000 Investment in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

TCG Advisory Services LLC bought a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 4,744 shares of the company’s stock, valued at approximately $361,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Sumitomo Life Insurance Co. bought a new position in Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $228,390,000. International Assets Investment Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $89,561,000. LPL Financial LLC grew its stake in Schwab US Dividend Equity ETF by 4.7% during the 3rd quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock worth $797,645,000 after buying an additional 503,970 shares during the last quarter. DDD Partners LLC lifted its position in Schwab US Dividend Equity ETF by 12,161.9% during the 4th quarter. DDD Partners LLC now owns 488,148 shares of the company’s stock worth $37,163,000 after acquiring an additional 484,167 shares during the period. Finally, HighTower Advisors LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 34.1% in the 3rd quarter. HighTower Advisors LLC now owns 1,874,088 shares of the company’s stock valued at $132,545,000 after buying an additional 476,951 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.2 %

Shares of Schwab US Dividend Equity ETF stock traded up $0.15 during mid-day trading on Monday, reaching $78.12. 785,916 shares of the stock traded hands, compared to its average volume of 3,536,431. The stock has a market capitalization of $54.65 billion, a PE ratio of 14.82 and a beta of 0.77. Schwab US Dividend Equity ETF has a fifty-two week low of $66.67 and a fifty-two week high of $80.82. The business has a 50-day moving average of $78.31 and a 200 day moving average of $75.49.

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.