Keystone Financial Group Inc. Grows Stake in Schwab US Dividend Equity ETF $SCHD

Keystone Financial Group Inc. increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 385,136 shares of the company’s stock after purchasing an additional 26,903 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 5.5% of Keystone Financial Group Inc.’s holdings, making the stock its 4th biggest holding. Keystone Financial Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $10,564,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Surience Private Wealth LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $11,759,000. Capital Advisors Inc. OK grew its stake in Schwab US Dividend Equity ETF by 14.9% in the fourth quarter. Capital Advisors Inc. OK now owns 50,988 shares of the company’s stock valued at $1,399,000 after purchasing an additional 6,600 shares during the last quarter. Hengehold Capital Management LLC grew its stake in Schwab US Dividend Equity ETF by 1.9% in the fourth quarter. Hengehold Capital Management LLC now owns 603,549 shares of the company’s stock valued at $16,555,000 after purchasing an additional 11,050 shares during the last quarter. Ironwood Wealth Management LLC. raised its holdings in Schwab US Dividend Equity ETF by 9.1% in the fourth quarter. Ironwood Wealth Management LLC. now owns 32,075 shares of the company’s stock worth $914,000 after purchasing an additional 2,679 shares in the last quarter. Finally, Econ Financial Services Corp bought a new position in Schwab US Dividend Equity ETF in the fourth quarter worth about $7,243,000.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $30.51 on Thursday. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $31.95. The firm has a market cap of $80.25 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The firm has a 50-day simple moving average of $30.84 and a two-hundred day simple moving average of $28.61.

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.