TFB Advisors LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 322.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 156,646 shares of the company’s stock after purchasing an additional 119,583 shares during the quarter. Schwab US Dividend Equity ETF accounts for 2.0% of TFB Advisors LLC’s investment portfolio, making the stock its 10th largest position. TFB Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,096,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Rakuten Investment Management Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 7.5% in the 3rd quarter. Rakuten Investment Management Inc. now owns 50,684,634 shares of the company’s stock worth $1,664,990,000 after buying an additional 3,545,800 shares during the last quarter. D.A. Davidson & CO. purchased a new stake in Schwab US Dividend Equity ETF during the third quarter worth about $79,998,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Schwab US Dividend Equity ETF during the third quarter worth about $71,569,000. Brookstone Capital Management purchased a new stake in Schwab US Dividend Equity ETF during the third quarter worth about $71,011,000. Finally, Summit Financial Wealth Advisors LLC bought a new stake in Schwab US Dividend Equity ETF in the third quarter worth about $63,803,000.
Schwab US Dividend Equity ETF Stock Performance
Shares of SCHD stock opened at $35.42 on Friday. The firm has a market cap of $120.43 billion, a price-to-earnings ratio of 19.09 and a beta of 0.68. Schwab US Dividend Equity ETF has a 52 week low of $26.46 and a 52 week high of $36.38. The firm’s 50-day simple moving average is $34.19 and its two-hundred day simple moving average is $32.46.
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.
Further Reading
- Five stocks we like better than Schwab US Dividend Equity ETF
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report).
Receive News & Ratings for Schwab US Dividend Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Dividend Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
