IFG Advisory LLC Acquires 93,993 Shares of Schwab US Dividend Equity ETF $SCHD

IFG Advisory LLC grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 69.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 228,484 shares of the company’s stock after purchasing an additional 93,993 shares during the quarter. IFG Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,238,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Rakuten Investment Management Inc. bought a new position in Schwab US Dividend Equity ETF during the third quarter valued at about $1,127,144,000. Sumitomo Life Insurance Co. purchased a new position in Schwab US Dividend Equity ETF in the third quarter valued at about $847,665,000. Cibc World Market Inc. grew its position in shares of Schwab US Dividend Equity ETF by 243.5% during the 3rd quarter. Cibc World Market Inc. now owns 5,328,615 shares of the company’s stock valued at $145,471,000 after acquiring an additional 3,777,339 shares during the period. Osaic Holdings Inc. grew its position in shares of Schwab US Dividend Equity ETF by 12.1% during the 2nd quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock valued at $298,684,000 after acquiring an additional 1,217,005 shares during the period. Finally, Cerity Partners LLC increased its stake in shares of Schwab US Dividend Equity ETF by 18.0% during the 3rd quarter. Cerity Partners LLC now owns 6,599,938 shares of the company’s stock worth $180,178,000 after purchasing an additional 1,005,469 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.2%

NYSEARCA:SCHD opened at $31.54 on Thursday. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $31.95. The firm’s 50 day moving average is $29.84 and its 200 day moving average is $28.18. The stock has a market capitalization of $82.96 billion, a PE ratio of 14.57 and a beta of 0.77.

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.