Dagco Inc. Purchases 84,872 Shares of Schwab US Dividend Equity ETF $SCHD

Dagco Inc. lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 12.2% during the 1st quarter, HoldingsChannel.com reports. The firm owned 782,084 shares of the company’s stock after buying an additional 84,872 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 5.2% of Dagco Inc.’s holdings, making the stock its 6th biggest position. Dagco Inc.’s holdings in Schwab US Dividend Equity ETF were worth $23,994,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. KFG Wealth Management LLC raised its holdings in Schwab US Dividend Equity ETF by 20.1% in the 1st quarter. KFG Wealth Management LLC now owns 99,685 shares of the company’s stock valued at $3,058,000 after buying an additional 16,687 shares during the last quarter. Silver Oak Securities Incorporated grew its holdings in Schwab US Dividend Equity ETF by 20.6% during the 1st quarter. Silver Oak Securities Incorporated now owns 398,449 shares of the company’s stock worth $12,224,000 after acquiring an additional 68,055 shares during the last quarter. Fiduciary Alliance LLC grew its holdings in Schwab US Dividend Equity ETF by 18.0% during the 1st quarter. Fiduciary Alliance LLC now owns 386,220 shares of the company’s stock worth $11,838,000 after acquiring an additional 59,047 shares during the last quarter. Arta Finance Wealth Management LLC grew its holdings in Schwab US Dividend Equity ETF by 26.9% during the 1st quarter. Arta Finance Wealth Management LLC now owns 11,880 shares of the company’s stock worth $364,000 after acquiring an additional 2,521 shares during the last quarter. Finally, Cardinal Point Capital Management ULC acquired a new position in Schwab US Dividend Equity ETF in the 1st quarter valued at approximately $634,000.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $31.96 on Friday. The company has a fifty day moving average price of $31.93 and a 200-day moving average price of $30.55. The company has a market capitalization of $90.72 billion, a P/E ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 52-week low of $26.21 and a 52-week high of $32.92.

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.