Schwab US Dividend Equity ETF $SCHD is Berger Financial Group Inc’s Largest Position

Berger Financial Group Inc lessened its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.0% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,995,109 shares of the company’s stock after selling 157,747 shares during the quarter. Schwab US Dividend Equity ETF makes up about 5.1% of Berger Financial Group Inc’s holdings, making the stock its largest position. Berger Financial Group Inc’s holdings in Schwab US Dividend Equity ETF were worth $91,890,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of SCHD. Mountain Hill Investment Partners Corp. grew its holdings in Schwab US Dividend Equity ETF by 1,241.8% during the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after buying an additional 832 shares in the last quarter. Merrithew & Thorsten Inc bought a new position in Schwab US Dividend Equity ETF during the 4th quarter valued at $25,000. Field & Main Bank purchased a new position in Schwab US Dividend Equity ETF during the 4th quarter worth $29,000. Dynamic Wealth Strategies LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter worth $29,000. Finally, Triumph Capital Management bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth $33,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $32.39 on Friday. The firm has a market cap of $97.86 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 52 week low of $26.21 and a 52 week high of $32.92. The firm has a 50-day moving average price of $32.06 and a two-hundred day moving average price of $30.72.

Schwab US Dividend Equity ETF Company 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.