Tcfg Wealth Management LLC Has $233,000 Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Tcfg Wealth Management LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 167.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,513 shares of the company’s stock after buying an additional 5,332 shares during the quarter. Tcfg Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $233,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Sumitomo Life Insurance Co. boosted its stake in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after buying an additional 17,880,000 shares in the last quarter. Orgel Wealth Management LLC grew its holdings in Schwab US Dividend Equity ETF by 159.8% during the 4th quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock worth $302,220,000 after acquiring an additional 6,804,908 shares during the last quarter. Strategic Financial Concepts LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 9,346.2% in the fourth quarter. Strategic Financial Concepts LLC now owns 3,576,526 shares of the company’s stock valued at $97,711,000 after purchasing an additional 3,538,664 shares in the last quarter. Keystone Financial Planning Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 188.6% in the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after buying an additional 3,506,729 shares during the period. Finally, HHM Wealth Advisors LLC increased its position in Schwab US Dividend Equity ETF by 207.3% in the fourth quarter. HHM Wealth Advisors LLC now owns 4,872,578 shares of the company’s stock worth $133,119,000 after purchasing an additional 3,286,917 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $27.79 on Friday. The company has a 50 day moving average of $27.72 and a 200-day moving average of $28.00. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72. The stock has a market cap of $19.49 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.