Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is Midwest Financial Group LLC’s 2nd Largest Position

Midwest Financial Group LLC increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 389,900 shares of the company’s stock after purchasing an additional 260,952 shares during the quarter. Schwab US Dividend Equity ETF accounts for 6.1% of Midwest Financial Group LLC’s holdings, making the stock its 2nd biggest holding. Midwest Financial Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $10,652,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Kennebec Savings Bank bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $31,000. Legacy Investment Solutions LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $34,000. Barrett & Company Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at $34,000. Cassady Schiller Wealth Management LLC bought a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth about $38,000. Finally, Quent Capital LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 86.6% in the third quarter. Quent Capital LLC now owns 517 shares of the company’s stock worth $44,000 after purchasing an additional 240 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $28.02 on Friday. The company has a market capitalization of $19.65 billion, a PE ratio of 15.04 and a beta of 0.74. The company has a 50 day moving average price of $28.13 and a 200-day moving average price of $27.87. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72.

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.