First Growth Capital LLC Acquires New Stake in Schwab US Dividend Equity ETF $SCHD

First Growth Capital LLC bought a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 56,645 shares of the company’s stock, valued at approximately $1,554,000. Schwab US Dividend Equity ETF makes up approximately 1.5% of First Growth Capital LLC’s investment portfolio, making the stock its 12th largest holding.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Aznar Financial Advisors LLC bought a new position in Schwab US Dividend Equity ETF during the 4th quarter valued at $334,000. Birchwood Financial Partners Inc. acquired a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at $1,293,000. Note Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF by 10.0% in the 4th quarter. Note Advisors LLC now owns 73,039 shares of the company’s stock worth $2,129,000 after buying an additional 6,660 shares in the last quarter. Strive Financial Group LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter worth $485,000. Finally, Mercer Global Advisors Inc. ADV lifted its holdings in shares of Schwab US Dividend Equity ETF by 13.8% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 1,789,062 shares of the company’s stock valued at $50,339,000 after buying an additional 216,713 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.2%

Shares of Schwab US Dividend Equity ETF stock opened at $31.86 on Friday. The business has a fifty day simple moving average of $31.82 and a 200-day simple moving average of $30.40. Schwab US Dividend Equity ETF has a fifty-two week low of $26.16 and a fifty-two week high of $32.92. The firm has a market cap of $90.44 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67.

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.