AllGen Financial Advisors Inc. Buys 12,939 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

AllGen Financial Advisors Inc. raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 279,410 shares of the company’s stock after acquiring an additional 12,939 shares during the period. Schwab US Dividend Equity ETF makes up 11.1% of AllGen Financial Advisors Inc.’s holdings, making the stock its 2nd biggest holding. AllGen Financial Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $21,272,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Raleigh Capital Management Inc. purchased a new stake in Schwab US Dividend Equity ETF in the third quarter valued at approximately $28,000. Signature Resources Capital Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $32,000. Bear Mountain Capital Inc. purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $34,000. Howe & Rusling Inc. increased its stake in Schwab US Dividend Equity ETF by 209.8% during the 3rd quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock worth $36,000 after buying an additional 344 shares during the period. Finally, Carmel Capital Partners LLC acquired a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $39,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD traded up $0.70 during trading on Friday, hitting $77.97. The company’s stock had a trading volume of 2,613,230 shares, compared to its average volume of 3,569,934. Schwab US Dividend Equity ETF has a fifty-two week low of $66.67 and a fifty-two week high of $80.82. The business has a 50 day moving average price of $78.31 and a two-hundred day moving average price of $75.49. The company has a market capitalization of $54.54 billion, a PE ratio of 14.82 and a beta of 0.77.

Schwab US Dividend Equity ETF Company 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.