Schwab US Dividend Equity ETF $SCHD Stake Boosted by Friday Financial

Friday Financial raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 18.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 325,574 shares of the company’s stock after purchasing an additional 51,278 shares during the period. Schwab US Dividend Equity ETF comprises about 3.1% of Friday Financial’s portfolio, making the stock its 11th largest holding. Friday Financial’s holdings in Schwab US Dividend Equity ETF were worth $8,930,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Ellis Investment Partners LLC lifted its holdings in Schwab US Dividend Equity ETF by 1.1% in the third quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock worth $938,000 after acquiring an additional 375 shares during the last quarter. Harbor Group Inc. boosted its stake in Schwab US Dividend Equity ETF by 4.8% in the third quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock valued at $230,000 after acquiring an additional 383 shares during the period. Westside Investment Management Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 5.6% during the third quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock valued at $198,000 after purchasing an additional 383 shares during the last quarter. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 3.4% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 12,384 shares of the company’s stock valued at $339,000 after purchasing an additional 402 shares during the last quarter. Finally, Harbor Investment Advisory LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 2.9% during the third quarter. Harbor Investment Advisory LLC now owns 14,432 shares of the company’s stock valued at $394,000 after purchasing an additional 410 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $30.54 on Tuesday. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $31.95. The stock has a fifty day moving average price of $30.61 and a 200 day moving average price of $28.47. The company has a market cap of $80.33 billion, a P/E ratio of 14.57 and a beta of 0.77.

Schwab US Dividend Equity ETF Company 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.