PKS Advisory Services LLC Invests $864,000 in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

PKS Advisory Services LLC purchased a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 31,617 shares of the company’s stock, valued at approximately $864,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Central Pacific Bank Trust Division boosted its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after purchasing an additional 604 shares in the last quarter. Hoese & Co LLP acquired a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth about $26,000. Moisand Fitzgerald Tamayo LLC boosted its position in Schwab US Dividend Equity ETF by 294.3% in the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock valued at $28,000 after buying an additional 777 shares during the last quarter. PFG Private Wealth Management LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after purchasing an additional 686 shares during the last quarter. Finally, IFS Advisors LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 184.4% in the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after buying an additional 699 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $28.09 on Tuesday. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72. The firm has a market cap of $69.66 billion, a PE ratio of 17.56 and a beta of 0.86. The firm’s fifty day moving average is $27.97 and its 200 day moving average is $28.13.

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.