Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is First National Corp MA ADV’s 5th Largest Position

First National Corp MA ADV increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 595,077 shares of the company’s stock after acquiring an additional 16,519 shares during the period. Schwab US Dividend Equity ETF comprises approximately 3.7% of First National Corp MA ADV’s holdings, making the stock its 5th largest position. First National Corp MA ADV’s holdings in Schwab US Dividend Equity ETF were worth $16,638,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. raised its stake in Schwab US Dividend Equity ETF by 268.3% during the 4th quarter. Russell Investments Group Ltd. now owns 22,732 shares of the company’s stock valued at $621,000 after buying an additional 16,560 shares during the last quarter. Tenon Financial LLC raised its stake in Schwab US Dividend Equity ETF by 200.1% during the 4th quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock valued at $412,000 after buying an additional 10,082 shares during the last quarter. Barclays PLC purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at $74,000. Summit Wealth & Retirement Planning Inc. raised its stake in Schwab US Dividend Equity ETF by 195.0% during the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock valued at $715,000 after buying an additional 17,305 shares during the last quarter. Finally, DDD Partners LLC raised its stake in Schwab US Dividend Equity ETF by 203.7% during the 4th quarter. DDD Partners LLC now owns 31,246 shares of the company’s stock valued at $854,000 after buying an additional 20,958 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 1.2%

Shares of SCHD opened at $26.54 on Friday. The firm has a market cap of $69.00 billion, a PE ratio of 15.93 and a beta of 0.82. The firm has a fifty day simple moving average of $25.85 and a two-hundred day simple moving average of $27.27. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72.

Schwab US Dividend Equity ETF Company 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.