KMG Fiduciary Partners LLC Increases Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

KMG Fiduciary Partners LLC increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 229.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 27,094 shares of the company’s stock after buying an additional 18,864 shares during the quarter. KMG Fiduciary Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $740,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division grew its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th 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 last quarter. IFS Advisors LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 184.4% during the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after purchasing an additional 699 shares during the period. Kennebec Savings Bank acquired a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $31,000. Barrett & Company Inc. purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at $34,000. Finally, Legacy Investment Solutions LLC acquired a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at $34,000.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $27.99 on Friday. The stock has a market capitalization of $19.63 billion, a PE ratio of 15.04 and a beta of 0.74. The company has a fifty day moving average of $28.19 and a 200-day moving average of $27.81. Schwab US Dividend Equity ETF has a one year low of $25.03 and a one year high of $29.72.

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.