Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by FRG Family Wealth Advisors LLC

FRG Family Wealth Advisors LLC lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.3% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 130,150 shares of the company’s stock after buying an additional 1,690 shares during the period. Schwab US Dividend Equity ETF makes up about 1.5% of FRG Family Wealth Advisors LLC’s portfolio, making the stock its 13th biggest holding. FRG Family Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $10,331,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Archer Investment Corp grew its position in Schwab US Dividend Equity ETF by 21.7% in the second quarter. Archer Investment Corp now owns 723 shares of the company’s stock valued at $56,000 after acquiring an additional 129 shares in the last quarter. AMG National Trust Bank grew its holdings in Schwab US Dividend Equity ETF by 0.3% during the 4th quarter. AMG National Trust Bank now owns 47,802 shares of the company’s stock valued at $3,639,000 after purchasing an additional 130 shares in the last quarter. PDS Planning Inc increased its stake in Schwab US Dividend Equity ETF by 2.2% during the 1st quarter. PDS Planning Inc now owns 6,203 shares of the company’s stock worth $500,000 after buying an additional 132 shares during the period. SOA Wealth Advisors LLC. boosted its position in Schwab US Dividend Equity ETF by 1.0% in the 1st quarter. SOA Wealth Advisors LLC. now owns 13,177 shares of the company’s stock valued at $1,062,000 after buying an additional 133 shares during the last quarter. Finally, Resonant Capital Advisors LLC boosted its position in Schwab US Dividend Equity ETF by 4.2% in the 1st quarter. Resonant Capital Advisors LLC now owns 3,316 shares of the company’s stock valued at $267,000 after buying an additional 135 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $82.99 on Tuesday. The firm has a market cap of $58.22 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $84.57. The stock’s 50-day simple moving average is $81.11 and its 200-day simple moving average is $79.27.

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.