RFG Advisory LLC Has $2.93 Million Holdings in Schwab US Dividend Equity ETF $SCHD

RFG Advisory LLC trimmed its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 32.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 92,444 shares of the company’s stock after selling 44,892 shares during the period. RFG Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,931,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Byrne Asset Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $26,000. DiNuzzo Private Wealth Inc. bought a new position in Schwab US Dividend Equity ETF in the second quarter valued at approximately $27,000. Ashton Thomas Securities LLC acquired a new position in Schwab US Dividend Equity ETF during the first quarter valued at approximately $32,000. Triumph Capital Management acquired a new position in Schwab US Dividend Equity ETF during the third quarter valued at approximately $33,000. Finally, Turning Point Benefit Group Inc. bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth $36,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $33.99 on Friday. The stock’s fifty day moving average price is $33.82 and its two-hundred day moving average price is $32.33. The company has a market cap of $105.60 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a fifty-two week low of $26.32 and a fifty-two week high of $35.31.

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.