Valley Financial Group Inc. Grows Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Valley Financial Group Inc. lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 201.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,813 shares of the company’s stock after buying an additional 25,273 shares during the period. Schwab US Dividend Equity ETF makes up 0.7% of Valley Financial Group Inc.’s portfolio, making the stock its 27th biggest position. Valley Financial Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,033,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of SCHD. Central Pacific Bank Trust Division boosted its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after purchasing an additional 604 shares during the period. Hoese & Co LLP purchased a new position in Schwab US Dividend Equity ETF in the 4th quarter valued at about $26,000. Ritter Daniher Financial Advisory LLC DE increased its position in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock worth $27,000 after acquiring an additional 650 shares during the last quarter. Moisand Fitzgerald Tamayo LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 294.3% in the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after acquiring an additional 777 shares in the last quarter. Finally, PFG Private Wealth Management LLC boosted its holdings in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after purchasing an additional 686 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.4 %

Shares of NYSEARCA SCHD opened at $25.89 on Wednesday. The business has a 50 day moving average price of $26.90 and a two-hundred day moving average price of $27.74. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72. The firm has a market cap of $66.80 billion, a PE ratio of 15.04 and a beta of 0.83.

Schwab US Dividend Equity ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were paid a $0.2488 dividend. The ex-dividend date of this dividend was Wednesday, March 26th.

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.