Fermata Advisors LLC Purchases 62,206 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Fermata Advisors LLC boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 242.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 87,858 shares of the company’s stock after acquiring an additional 62,206 shares during the period. Fermata Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,400,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHD. Cypress Wealth Services LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 215.3% in the 4th quarter. Cypress Wealth Services LLC now owns 115,184 shares of the company’s stock valued at $3,147,000 after purchasing an additional 78,655 shares during the last quarter. Capital Advisors Wealth Management LLC boosted its stake in Schwab US Dividend Equity ETF by 255.3% in the fourth quarter. Capital Advisors Wealth Management LLC now owns 20,886 shares of the company’s stock valued at $571,000 after acquiring an additional 15,008 shares during the last quarter. Omega Financial Group LLC boosted its stake in Schwab US Dividend Equity ETF by 168.7% in the fourth quarter. Omega Financial Group LLC now owns 12,704 shares of the company’s stock valued at $347,000 after acquiring an additional 7,976 shares during the last quarter. Retireful LLC acquired a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth $3,303,000. Finally, Carnegie Investment Counsel raised its position in shares of Schwab US Dividend Equity ETF by 204.2% during the 4th quarter. Carnegie Investment Counsel now owns 240,564 shares of the company’s stock valued at $6,572,000 after acquiring an additional 161,493 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.0 %

NYSEARCA:SCHD opened at $27.83 on Friday. Schwab US Dividend Equity ETF has a 12-month low of $24.97 and a 12-month high of $29.72. The stock’s fifty day simple moving average is $28.21 and its 200-day simple moving average is $27.79. The firm has a market capitalization of $19.52 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.