Regal Investment Advisors LLC Buys 545,824 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Regal Investment Advisors LLC lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 229.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 783,827 shares of the company’s stock after acquiring an additional 545,824 shares during the period. Schwab US Dividend Equity ETF makes up about 1.6% of Regal Investment Advisors LLC’s portfolio, making the stock its 8th largest holding. Regal Investment Advisors LLC owned approximately 0.11% of Schwab US Dividend Equity ETF worth $21,414,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of SCHD. McIlrath & Eck LLC grew its position in Schwab US Dividend Equity ETF by 39.9% during the 3rd quarter. McIlrath & Eck LLC now owns 5,942 shares of the company’s stock worth $502,000 after acquiring an additional 1,695 shares during the last quarter. Tudor Financial Inc. bought a new stake in Schwab US Dividend Equity ETF in the third quarter worth approximately $6,313,000. Anchor Investment Management LLC lifted its position in shares of Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock valued at $3,256,000 after acquiring an additional 428 shares during the period. World Investment Advisors LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 6.8% during the third quarter. World Investment Advisors LLC now owns 72,187 shares of the company’s stock valued at $6,035,000 after purchasing an additional 4,580 shares during the period. Finally, Wilmington Savings Fund Society FSB bought a new position in Schwab US Dividend Equity ETF in the third quarter worth approximately $163,000.

Schwab US Dividend Equity ETF Stock Up 1.2 %

Shares of NYSEARCA:SCHD opened at $25.60 on Tuesday. The stock’s 50 day moving average is $27.42 and its 200-day moving average is $27.95. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The firm has a market capitalization of $66.05 billion, a price-to-earnings ratio of 15.04 and a beta of 0.83.

Schwab US Dividend Equity ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were paid a $0.2488 dividend. The ex-dividend date of this dividend was Wednesday, March 26th.

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.