Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is Regal Investment Advisors LLC’s 8th Largest Position

Regal Investment Advisors LLC boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 229.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 783,827 shares of the company’s stock after purchasing an additional 545,824 shares during the period. Schwab US Dividend Equity ETF comprises 1.6% of Regal Investment Advisors LLC’s holdings, making the stock its 8th largest position. Regal Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $21,414,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Central Pacific Bank Trust Division increased its holdings in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after acquiring an additional 604 shares during the last quarter. Hoese & Co LLP bought a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $26,000. Ritter Daniher Financial Advisory LLC DE lifted its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock valued at $27,000 after buying an additional 650 shares in the last quarter. PFG Private Wealth Management LLC grew its stake in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after buying an additional 686 shares in the last quarter. Finally, Moisand Fitzgerald Tamayo LLC lifted its position in shares of Schwab US Dividend Equity ETF by 294.3% during the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after acquiring an additional 777 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.2 %

SCHD stock opened at $25.60 on Tuesday. 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 PE ratio of 15.04 and a beta of 0.83. The stock has a 50-day simple moving average of $27.42 and a two-hundred day simple moving average of $27.95.

Schwab US Dividend Equity ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were issued a dividend of $0.2488 per share. The ex-dividend date 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.