Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Fairview Capital Investment Management LLC

Fairview Capital Investment Management LLC lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 318.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,128 shares of the company’s stock after purchasing an additional 29,024 shares during the period. Fairview Capital Investment Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,042,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Hoese & Co LLP acquired a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $26,000. Ritter Daniher Financial Advisory LLC DE raised its position in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock valued at $27,000 after purchasing an additional 650 shares in the last quarter. Moisand Fitzgerald Tamayo LLC lifted its stake in Schwab US Dividend Equity ETF by 294.3% in the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after acquiring an additional 777 shares during the last quarter. PFG Private Wealth Management LLC grew its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after purchasing an additional 686 shares in the last quarter. Finally, IFS Advisors LLC boosted its position in shares of Schwab US Dividend Equity ETF by 184.4% during the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after acquiring an additional 699 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $25.78 on Friday. The stock has a market cap of $67.03 billion, a PE ratio of 15.01 and a beta of 0.82. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72. The firm has a fifty day moving average price of $26.55 and a 200 day moving average price of $27.61.

Schwab US Dividend Equity ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were given a dividend of $0.2488 per share. The ex-dividend date was Wednesday, March 26th.

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.