Schwab US Dividend Equity ETF $SCHD Position Lifted by Friday Financial

Friday Financial lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 29.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 470,332 shares of the company’s stock after acquiring an additional 106,524 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 3.1% of Friday Financial’s portfolio, making the stock its 9th biggest position. Friday Financial’s holdings in Schwab US Dividend Equity ETF were worth $15,361,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Envestnet Asset Management Inc. increased its holdings in Schwab US Dividend Equity ETF by 2.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 17,667,059 shares of the company’s stock worth $560,222,000 after purchasing an additional 354,983 shares in the last quarter. Cassaday & Co Wealth Management LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 3.5% during the first quarter. Cassaday & Co Wealth Management LLC now owns 9,569,026 shares of the company’s stock valued at $293,578,000 after purchasing an additional 324,778 shares in the last quarter. Royal Bank of Canada boosted its stake in shares of Schwab US Dividend Equity ETF by 8.3% during the first quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock valued at $265,563,000 after purchasing an additional 660,876 shares in the last quarter. MML Investors Services LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 5.8% during the fourth quarter. MML Investors Services LLC now owns 6,298,234 shares of the company’s stock worth $172,761,000 after purchasing an additional 345,987 shares during the last quarter. Finally, Keystone Financial Planning Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 0.5% during the third quarter. Keystone Financial Planning Inc. now owns 6,279,518 shares of the company’s stock worth $204,273,000 after purchasing an additional 29,169 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $33.04 on Friday. The business has a 50 day moving average of $34.01 and a 200-day moving average of $32.64. The company has a market capitalization of $109.86 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 1 year low of $26.32 and a 1 year high of $35.31.

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.