Fiduciary Alliance LLC Raises Position in Schwab US Dividend Equity ETF $SCHD

Fiduciary Alliance LLC lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 18.0% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 386,220 shares of the company’s stock after purchasing an additional 59,047 shares during the quarter. Schwab US Dividend Equity ETF comprises about 0.7% of Fiduciary Alliance LLC’s investment portfolio, making the stock its 28th biggest position. Fiduciary Alliance LLC’s holdings in Schwab US Dividend Equity ETF were worth $11,838,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in SCHD. Elmwood Wealth Management Inc. acquired a new position in Schwab US Dividend Equity ETF in the 4th quarter worth $1,003,000. Bell Bank grew its stake in shares of Schwab US Dividend Equity ETF by 53.3% during the fourth quarter. Bell Bank now owns 104,155 shares of the company’s stock valued at $2,857,000 after acquiring an additional 36,212 shares in the last quarter. Aspire Capital Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 2.9% during the fourth quarter. Aspire Capital Advisors LLC now owns 1,063,961 shares of the company’s stock worth $29,184,000 after acquiring an additional 30,146 shares during the last quarter. BIP Wealth LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth about $1,589,000. Finally, Freestone Capital Holdings LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 62.7% in the fourth quarter. Freestone Capital Holdings LLC now owns 42,792 shares of the company’s stock worth $1,174,000 after acquiring an additional 16,486 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $31.72 on Thursday. The company has a market capitalization of $90.04 billion, a P/E ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a one year low of $26.16 and a one year high of $32.92. The stock has a 50-day moving average price of $31.90 and a 200 day moving average price of $30.52.

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.