MCF Advisors LLC Has $90,000 Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

MCF Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 340.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,311 shares of the company’s stock after buying an additional 2,559 shares during the period. MCF Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $90,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of SCHD. Vanguard Personalized Indexing Management LLC raised its stake in shares of Schwab US Dividend Equity ETF by 6.3% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 6,593 shares of the company’s stock valued at $513,000 after acquiring an additional 392 shares during the last quarter. Insigneo Advisory Services LLC raised its position in Schwab US Dividend Equity ETF by 27.6% during the 2nd quarter. Insigneo Advisory Services LLC now owns 36,531 shares of the company’s stock worth $2,885,000 after purchasing an additional 7,909 shares during the last quarter. Squarepoint Ops LLC lifted its holdings in Schwab US Dividend Equity ETF by 16.7% during the 2nd quarter. Squarepoint Ops LLC now owns 51,222 shares of the company’s stock worth $3,983,000 after buying an additional 7,342 shares during the period. AQR Capital Management LLC bought a new stake in Schwab US Dividend Equity ETF in the second quarter valued at approximately $879,000. Finally, Drucker Wealth 3.0 LLC bought a new position in Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $271,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $27.92 on Thursday. Schwab US Dividend Equity ETF has a 52-week low of $25.16 and a 52-week high of $29.72. The company’s 50 day moving average price is $28.15 and its 200-day moving average price is $27.87. The company has a market capitalization of $19.59 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.