TFB Advisors LLC raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 252.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,488 shares of the company’s stock after buying an additional 11,812 shares during the period. TFB Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $450,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of SCHD. Kennebec Savings Bank acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at about $31,000. Legacy Investment Solutions LLC purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $34,000. Barrett & Company Inc. acquired a new stake in Schwab US Dividend Equity ETF in the third quarter valued at approximately $34,000. Cassady Schiller Wealth Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $38,000. Finally, Phillips Financial Management LLC lifted its position in shares of Schwab US Dividend Equity ETF by 144.8% during the third quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock worth $56,000 after purchasing an additional 391 shares in the last quarter.
Schwab US Dividend Equity ETF Trading Down 0.8 %
Shares of SCHD stock opened at $27.65 on Thursday. The firm has a fifty day simple moving average of $27.79 and a 200-day simple moving average of $28.00. The company has a market capitalization of $19.40 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month high of $29.72.
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.
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