QRG Capital Management Inc. Acquires 32,570 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

QRG Capital Management Inc. raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 211.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,972 shares of the company’s stock after buying an additional 32,570 shares during the quarter. QRG Capital Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,311,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. McGrath & Associates Inc. bought a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth about $3,424,000. Heritage Oak Wealth Advisors LLC purchased a new position in Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $442,000. First Command Advisory Services Inc. increased its stake in Schwab US Dividend Equity ETF by 237.2% in the 4th quarter. First Command Advisory Services Inc. now owns 876,556 shares of the company’s stock worth $23,948,000 after acquiring an additional 616,588 shares during the last quarter. Proficio Capital Partners LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 9,466.8% during the 4th quarter. Proficio Capital Partners LLC now owns 382,671 shares of the company’s stock worth $10,455,000 after acquiring an additional 378,671 shares in the last quarter. Finally, Oppenheimer & Co. Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 245.2% during the 4th quarter. Oppenheimer & Co. Inc. now owns 460,810 shares of the company’s stock valued at $12,589,000 after acquiring an additional 327,310 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $28.40 on Tuesday. The firm has a fifty day moving average price of $27.80 and a 200 day moving average price of $28.12. Schwab US Dividend Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $29.72. The firm has a market cap of $69.58 billion, a PE ratio of 17.48 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.