TFB Advisors LLC Purchases 502 Shares of Schwab US Dividend Equity ETF $SCHD

TFB Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,990 shares of the company’s stock after buying an additional 502 shares during the period. TFB Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $475,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GM Advisory Group LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 7.4% during the first quarter. GM Advisory Group LLC now owns 192,581 shares of the company’s stock worth $5,385,000 after purchasing an additional 13,217 shares during the period. Capital Analysts LLC increased its stake in shares of Schwab US Dividend Equity ETF by 6.0% in the first quarter. Capital Analysts LLC now owns 117,670 shares of the company’s stock valued at $3,290,000 after buying an additional 6,694 shares during the period. Level Four Advisory Services LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 0.7% in the first quarter. Level Four Advisory Services LLC now owns 388,924 shares of the company’s stock worth $10,874,000 after acquiring an additional 2,778 shares during the period. Tradition Wealth Management LLC boosted its holdings in Schwab US Dividend Equity ETF by 2.7% in the first quarter. Tradition Wealth Management LLC now owns 779,311 shares of the company’s stock valued at $21,790,000 after acquiring an additional 20,459 shares during the last quarter. Finally, Venture Visionary Partners LLC increased its position in Schwab US Dividend Equity ETF by 9.6% during the 1st quarter. Venture Visionary Partners LLC now owns 1,289,798 shares of the company’s stock valued at $36,063,000 after purchasing an additional 112,720 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $27.51 on Thursday. The firm has a market cap of $71.75 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.72. The firm has a 50 day moving average price of $26.99 and a two-hundred day moving average price of $26.87.

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.