First Financial Group Corp Invests $875,000 in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

First Financial Group Corp purchased a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 32,032 shares of the company’s stock, valued at approximately $875,000. Schwab US Dividend Equity ETF makes up approximately 1.0% of First Financial Group Corp’s holdings, making the stock its 26th biggest holding.

A number of other institutional investors also recently added to or reduced their stakes in SCHD. Oppenheimer Asset Management Inc. boosted its position in Schwab US Dividend Equity ETF by 2.4% during the third quarter. Oppenheimer Asset Management Inc. now owns 60,169 shares of the company’s stock valued at $5,086,000 after purchasing an additional 1,417 shares in the last quarter. Oak Harbor Wealth Partners LLC boosted its position in Schwab US Dividend Equity ETF by 5.5% during the third quarter. Oak Harbor Wealth Partners LLC now owns 104,437 shares of the company’s stock valued at $8,828,000 after purchasing an additional 5,448 shares in the last quarter. Balboa Wealth Partners boosted its position in Schwab US Dividend Equity ETF by 4.0% during the third quarter. Balboa Wealth Partners now owns 11,384 shares of the company’s stock valued at $962,000 after purchasing an additional 433 shares in the last quarter. Signature Estate & Investment Advisors LLC boosted its position in Schwab US Dividend Equity ETF by 0.3% during the third quarter. Signature Estate & Investment Advisors LLC now owns 162,391 shares of the company’s stock valued at $13,727,000 after purchasing an additional 542 shares in the last quarter. Finally, Sheaff Brock Investment Advisors LLC boosted its position in Schwab US Dividend Equity ETF by 6.5% during the third quarter. Sheaff Brock Investment Advisors LLC now owns 16,876 shares of the company’s stock valued at $1,427,000 after purchasing an additional 1,028 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $27.64 on Friday. The stock has a 50-day moving average of $27.89 and a two-hundred day moving average of $28.13. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72. The stock has a market cap of $68.55 billion, a PE ratio of 17.56 and a beta of 0.86.

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.