Farther Finance Advisors LLC Acquires 162,228 Shares of Schwab US Dividend Equity ETF $SCHD

Farther Finance Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,667,995 shares of the company’s stock after buying an additional 162,228 shares during the period. Farther Finance Advisors LLC owned 0.05% of Schwab US Dividend Equity ETF worth $54,260,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in SCHD. Gemmer Asset Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 1.5% during the 2nd quarter. Gemmer Asset Management LLC now owns 21,618 shares of the company’s stock valued at $686,000 after acquiring an additional 317 shares during the last quarter. MeadowBrook Investment Advisors LLC boosted its position in Schwab US Dividend Equity ETF by 3.3% during the first quarter. MeadowBrook Investment Advisors LLC now owns 10,182 shares of the company’s stock worth $312,000 after purchasing an additional 325 shares during the period. FC Advisory LLC boosted its position in Schwab US Dividend Equity ETF by 1.8% during the third quarter. FC Advisory LLC now owns 19,234 shares of the company’s stock worth $626,000 after purchasing an additional 336 shares during the period. Semus Wealth Partners LLC grew its holdings in Schwab US Dividend Equity ETF by 0.7% during the first quarter. Semus Wealth Partners LLC now owns 51,317 shares of the company’s stock valued at $1,574,000 after purchasing an additional 347 shares during the last quarter. Finally, Harmony Asset Management LLC grew its holdings in Schwab US Dividend Equity ETF by 3.8% during the first quarter. Harmony Asset Management LLC now owns 9,585 shares of the company’s stock valued at $294,000 after purchasing an additional 354 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.5%

Shares of NYSEARCA:SCHD traded up $0.50 during trading on Thursday, reaching $33.15. The stock had a trading volume of 23,563,780 shares, compared to its average volume of 22,456,225. The stock has a fifty day simple moving average of $34.02 and a two-hundred day simple moving average of $32.62. Schwab US Dividend Equity ETF has a 52 week low of $26.32 and a 52 week high of $35.31. The firm has a market capitalization of $110.22 billion, a price-to-earnings 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.