AllGen Financial Advisors Inc. Has $23.01 Million Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

AllGen Financial Advisors Inc. raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 295,954 shares of the company’s stock after purchasing an additional 10,563 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 8.7% of AllGen Financial Advisors Inc.’s portfolio, making the stock its 3rd largest holding. AllGen Financial Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $23,013,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. BNP Paribas Financial Markets bought a new position in Schwab US Dividend Equity ETF in the 4th quarter worth about $354,000. Brown Advisory Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 0.5% in the fourth quarter. Brown Advisory Inc. now owns 65,073 shares of the company’s stock valued at $4,954,000 after acquiring an additional 327 shares during the period. TrinityPoint Wealth LLC grew its stake in Schwab US Dividend Equity ETF by 4.8% during the fourth quarter. TrinityPoint Wealth LLC now owns 244,045 shares of the company’s stock valued at $18,579,000 after acquiring an additional 11,267 shares in the last quarter. Balentine LLC increased its holdings in Schwab US Dividend Equity ETF by 326.4% during the 4th quarter. Balentine LLC now owns 4,895 shares of the company’s stock worth $373,000 after acquiring an additional 3,747 shares during the period. Finally, Trexquant Investment LP lifted its stake in Schwab US Dividend Equity ETF by 39.6% in the 4th quarter. Trexquant Investment LP now owns 10,093 shares of the company’s stock worth $768,000 after purchasing an additional 2,863 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $84.11 on Thursday. Schwab US Dividend Equity ETF has a fifty-two week low of $66.67 and a fifty-two week high of $85.15. The stock has a market cap of $59.00 billion, a P/E ratio of 15.04 and a beta of 0.74. The firm’s fifty day moving average price is $81.97 and its 200-day moving average price is $79.54.

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.