QRG Capital Management Inc. Increases Position in Schwab US Dividend Equity ETF $SCHD

QRG Capital Management Inc. lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 45,423 shares of the company’s stock after acquiring an additional 513 shares during the quarter. QRG Capital Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,204,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Opal Wealth Advisors LLC purchased a new position in Schwab US Dividend Equity ETF in the first quarter valued at $27,000. Kozak & Associates Inc. increased its holdings in Schwab US Dividend Equity ETF by 476.1% in the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after buying an additional 938 shares in the last quarter. Financial Management Professionals Inc. increased its holdings in Schwab US Dividend Equity ETF by 241.9% in the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after buying an additional 907 shares in the last quarter. Cooksen Wealth LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the first quarter valued at approximately $38,000. Finally, Optimum Investment Advisors grew its position in shares of Schwab US Dividend Equity ETF by 57.6% in the first quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock valued at $39,000 after purchasing an additional 505 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $27.18 on Thursday. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.72. The firm’s 50 day moving average price is $27.34 and its 200 day moving average price is $26.76. The firm has a market cap of $71.22 billion, a P/E ratio of 14.57 and a beta of 0.88.

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.