Kestra Advisory Services LLC Has $127.62 Million Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Kestra Advisory Services LLC grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 196.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,671,268 shares of the company’s stock after buying an additional 3,096,436 shares during the quarter. Schwab US Dividend Equity ETF makes up about 0.7% of Kestra Advisory Services LLC’s investment portfolio, making the stock its 19th largest holding. Kestra Advisory Services LLC owned approximately 0.67% of Schwab US Dividend Equity ETF worth $127,619,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in SCHD. Central Pacific Bank Trust Division lifted its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after buying an additional 604 shares during the last quarter. Hoese & Co LLP acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at about $26,000. Moisand Fitzgerald Tamayo LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 294.3% during the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock valued at $28,000 after buying an additional 777 shares during the last quarter. PFG Private Wealth Management LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after buying an additional 686 shares during the last quarter. Finally, IFS Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF by 184.4% in the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after purchasing an additional 699 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $27.64 on Friday. The business has a 50 day moving average price of $27.89 and a 200 day moving average price of $28.13. Schwab US Dividend Equity ETF has a twelve month low of $25.18 and a twelve month high of $29.72. The firm has a market cap of $68.55 billion, a P/E ratio of 17.56 and a beta of 0.86.

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.