Schwab US Dividend Equity ETF $SCHD Shares Acquired by Florida Financial Advisors LLC

Florida Financial Advisors LLC grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 33.2% during the first quarter, Holdings Channel.com reports. The fund owned 156,724 shares of the company’s stock after acquiring an additional 39,085 shares during the period. Schwab US Dividend Equity ETF accounts for about 1.2% of Florida Financial Advisors LLC’s investment portfolio, making the stock its 15th biggest position. Florida Financial Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,808,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Mountain Hill Investment Partners Corp. lifted its stake in Schwab US Dividend Equity ETF by 1,241.8% during the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after purchasing an additional 832 shares in the last quarter. Merrithew & Thorsten Inc acquired a new position in Schwab US Dividend Equity ETF during the 4th quarter worth about $25,000. Field & Main Bank purchased a new position in Schwab US Dividend Equity ETF during the 4th quarter valued at about $29,000. Dynamic Wealth Strategies LLC purchased a new position in Schwab US Dividend Equity ETF during the 4th quarter valued at about $29,000. Finally, Triumph Capital Management acquired a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $33,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $32.75 on Tuesday. The company’s 50-day simple moving average is $32.28 and its 200-day simple moving average is $31.12. Schwab US Dividend Equity ETF has a 1 year low of $26.21 and a 1 year high of $33.50. The stock has a market capitalization of $100.06 billion, a PE ratio of 14.57 and a beta of 0.68.

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.