First Horizon Advisors Inc. Acquires 1,150 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

First Horizon Advisors Inc. boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 359.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,470 shares of the company’s stock after acquiring an additional 1,150 shares during the period. First Horizon Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $40,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kennebec Savings Bank acquired a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at $31,000. Legacy Investment Solutions LLC acquired a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at $34,000. Cassady Schiller Wealth Management LLC acquired a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at $38,000. Phillips Financial Management LLC grew its holdings in Schwab US Dividend Equity ETF by 144.8% in the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after buying an additional 391 shares in the last quarter. Finally, Hobbs Group Advisors LLC acquired a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at $68,000.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $28.17 on Friday. The stock’s fifty day moving average price is $27.76 and its two-hundred day moving average price is $28.08. 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 $69.02 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88.

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.