BG Investment Services Inc. Takes Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

BG Investment Services Inc. bought a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 8,556 shares of the company’s stock, valued at approximately $234,000. Schwab US Dividend Equity ETF makes up 0.2% of BG Investment Services Inc.’s holdings, making the stock its 28th biggest position.

A number of other institutional investors have also added to or reduced their stakes in SCHD. Citigroup Inc. grew its position in shares of Schwab US Dividend Equity ETF by 6.7% in the 3rd quarter. Citigroup Inc. now owns 170,486 shares of the company’s stock valued at $14,411,000 after acquiring an additional 10,724 shares during the period. Summit Trail Advisors LLC lifted its stake in Schwab US Dividend Equity ETF by 103.2% in the 3rd quarter. Summit Trail Advisors LLC now owns 6,183 shares of the company’s stock valued at $523,000 after purchasing an additional 3,140 shares during the last quarter. Brown Brothers Harriman & Co. grew its holdings in Schwab US Dividend Equity ETF by 2,063.8% during the third quarter. Brown Brothers Harriman & Co. now owns 35,032 shares of the company’s stock worth $2,961,000 after purchasing an additional 33,413 shares during the period. Bank of Montreal Can increased its position in Schwab US Dividend Equity ETF by 11.5% during the third quarter. Bank of Montreal Can now owns 33,878 shares of the company’s stock worth $2,855,000 after buying an additional 3,503 shares during the last quarter. Finally, Summit Financial Wealth Advisors LLC increased its position in Schwab US Dividend Equity ETF by 3.6% during the third quarter. Summit Financial Wealth Advisors LLC now owns 574,672 shares of the company’s stock worth $48,577,000 after buying an additional 19,831 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.9 %

SCHD opened at $27.84 on Wednesday. Schwab US Dividend Equity ETF has a 12-month low of $25.18 and a 12-month high of $29.72. The business has a 50 day moving average of $27.98 and a 200-day moving average of $28.14. The stock has a market cap of $69.04 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86.

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.