Fermata Advisors LLC Purchases 4,983 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Fermata Advisors LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 92,841 shares of the company’s stock after purchasing an additional 4,983 shares during the quarter. Fermata Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,596,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Bank of America Corp DE raised its position in shares of Schwab US Dividend Equity ETF by 569.6% during the fourth quarter. Bank of America Corp DE now owns 49,630,784 shares of the company’s stock worth $1,355,913,000 after acquiring an additional 42,218,696 shares during the last quarter. LPL Financial LLC raised its position in shares of Schwab US Dividend Equity ETF by 214.9% during the fourth quarter. LPL Financial LLC now owns 36,314,776 shares of the company’s stock worth $992,120,000 after acquiring an additional 24,783,386 shares during the last quarter. Avantax Advisory Services Inc. raised its position in shares of Schwab US Dividend Equity ETF by 205.8% during the fourth quarter. Avantax Advisory Services Inc. now owns 26,003,626 shares of the company’s stock worth $710,419,000 after acquiring an additional 17,501,170 shares during the last quarter. Raymond James Financial Inc. bought a new position in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $592,939,000. Finally, Envestnet Asset Management Inc. raised its holdings in Schwab US Dividend Equity ETF by 208.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 19,626,674 shares of the company’s stock worth $536,201,000 after purchasing an additional 13,264,762 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $26.29 on Thursday. 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 $25.91 and a two-hundred day moving average price of $27.30. The firm has a market cap of $68.35 billion, a price-to-earnings ratio of 15.93 and a beta of 0.82.

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.