Kestra Advisory Services LLC Acquires 126,902 Shares of Schwab US Dividend Equity ETF $SCHD

Kestra Advisory Services LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,523,127 shares of the company’s stock after buying an additional 126,902 shares during the period. Kestra Advisory Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $108,090,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SCHD. Mountain Hill Investment Partners Corp. raised its position in Schwab US Dividend Equity ETF by 1,241.8% during the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after purchasing an additional 832 shares during the last quarter. Merrithew & Thorsten Inc bought a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at about $25,000. Field & Main Bank acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at about $29,000. Dynamic Wealth Strategies LLC bought a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter worth about $29,000. Finally, Triumph Capital Management bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth about $33,000.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $32.26 on Friday. The stock’s 50 day moving average is $32.15 and its 200 day moving average is $30.87. The firm has a market cap of $97.68 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a one year low of $26.21 and a one year high of $32.92.

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.