Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Mayfair Advisory Group LLC

Mayfair Advisory Group LLC increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.3% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 133,354 shares of the company’s stock after purchasing an additional 9,125 shares during the quarter. Schwab US Dividend Equity ETF accounts for 7.8% of Mayfair Advisory Group LLC’s portfolio, making the stock its biggest holding. Mayfair Advisory Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $10,752,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in SCHD. FMR LLC boosted its stake in Schwab US Dividend Equity ETF by 22.7% during the 3rd quarter. FMR LLC now owns 64,312 shares of the company’s stock valued at $4,551,000 after purchasing an additional 11,906 shares during the last quarter. Natixis Advisors L.P. bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $723,000. O Shaughnessy Asset Management LLC lifted its position in shares of Schwab US Dividend Equity ETF by 151.4% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 1,385 shares of the company’s stock worth $98,000 after buying an additional 834 shares in the last quarter. Trexquant Investment LP bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $512,000. Finally, Synovus Financial Corp lifted its position in shares of Schwab US Dividend Equity ETF by 48.7% during the 3rd quarter. Synovus Financial Corp now owns 12,356 shares of the company’s stock worth $874,000 after buying an additional 4,047 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock traded up $0.49 during mid-day trading on Friday, hitting $77.76. 3,536,614 shares of the stock were exchanged, compared to its average volume of 3,305,000. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $80.82. The company has a 50-day simple moving average of $78.12 and a 200 day simple moving average of $77.62. The company has a market capitalization of $54.55 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.