IFG Advisory LLC Has $8.41 Million Stock Position in Schwab US Dividend Equity ETF $SCHD

IFG Advisory LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 34.1% in the 4th quarter, HoldingsChannel reports. The fund owned 306,423 shares of the company’s stock after acquiring an additional 77,939 shares during the period. IFG Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $8,405,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Colorado Capital Management Inc. increased its position in Schwab US Dividend Equity ETF by 0.9% in the 4th quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock valued at $1,060,000 after acquiring an additional 362 shares during the period. Westside Investment Management Inc. increased its position in Schwab US Dividend Equity ETF by 5.6% in the 3rd quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock valued at $198,000 after acquiring an additional 383 shares during the period. International Private Wealth Advisors LLC increased its position in Schwab US Dividend Equity ETF by 3.3% in the 4th quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock valued at $340,000 after acquiring an additional 397 shares during the period. Archer Investment Corp increased its position in Schwab US Dividend Equity ETF by 5.0% in the 4th quarter. Archer Investment Corp now owns 8,534 shares of the company’s stock valued at $234,000 after acquiring an additional 404 shares during the period. Finally, Semus Wealth Partners LLC increased its position in Schwab US Dividend Equity ETF by 0.8% in the 4th quarter. Semus Wealth Partners LLC now owns 50,970 shares of the company’s stock valued at $1,398,000 after acquiring an additional 411 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.4%

SCHD opened at $32.55 on Thursday. Schwab US Dividend Equity ETF has a twelve month low of $25.89 and a twelve month high of $32.91. The company has a fifty day moving average of $31.24 and a 200-day moving average of $29.81. The stock has a market cap of $92.40 billion, a PE ratio of 14.57 and a beta of 0.68.

Schwab US Dividend Equity ETF Company 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.