Resurgent Financial Advisors LLC Buys 7,731 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Resurgent Financial Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 162.9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 12,478 shares of the company’s stock after purchasing an additional 7,731 shares during the quarter. Resurgent Financial Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $341,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in SCHD. McIlrath & Eck LLC increased its position in shares of Schwab US Dividend Equity ETF by 39.9% during the third quarter. McIlrath & Eck LLC now owns 5,942 shares of the company’s stock worth $502,000 after buying an additional 1,695 shares during the period. Tudor Financial Inc. acquired a new position in Schwab US Dividend Equity ETF in the third quarter valued at $6,313,000. Anchor Investment Management LLC boosted its position in Schwab US Dividend Equity ETF by 1.1% during the third 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 last quarter. World Investment Advisors LLC grew its holdings in Schwab US Dividend Equity ETF by 6.8% during the 3rd quarter. World Investment Advisors LLC now owns 72,187 shares of the company’s stock worth $6,035,000 after acquiring an additional 4,580 shares during the period. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth about $163,000.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $25.43 on Wednesday. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.72. The business’s 50-day moving average is $27.38 and its 200-day moving average is $27.93. The company has a market capitalization of $65.61 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 declared 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.

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.