Schwab US Dividend Equity ETF $SCHD Stock: TFB Advisors LLC Boosts Stake

TFB Advisors LLC lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 322.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 156,646 shares of the company’s stock after acquiring an additional 119,583 shares during the quarter. Schwab US Dividend Equity ETF makes up 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 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in SCHD. Byrne Asset Management LLC bought a new stake in Schwab US Dividend Equity ETF in the 2nd quarter valued at about $26,000. Livelsberger Financial Advisory bought a new position in Schwab US Dividend Equity ETF during the third quarter worth about $28,000. DiNuzzo Private Wealth Inc. bought a new position in Schwab US Dividend Equity ETF during the second quarter worth about $27,000. Ashton Thomas Securities LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the first quarter worth about $32,000. Finally, Signature Resources Capital Management LLC increased its stake in shares of Schwab US Dividend Equity ETF by 53.8% in the first quarter. Signature Resources Capital Management LLC now owns 1,430 shares of the company’s stock worth $44,000 after purchasing an additional 500 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 2.2%

NYSEARCA SCHD opened at $35.42 on Friday. The company’s 50 day moving average is $34.19 and its 200-day moving average is $32.46. Schwab US Dividend Equity ETF has a 12-month low of $26.46 and a 12-month high of $36.38. The firm has a market cap of $120.43 billion, a P/E ratio of 19.09 and a beta of 0.68.

About Schwab US Dividend Equity ETF

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.