First Command Advisory Services Inc. Acquires 77,785 Shares of Schwab US Dividend Equity ETF $SCHD

First Command Advisory Services Inc. boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.6% in the third quarter, Holdings Channel reports. The institutional investor owned 1,107,033 shares of the company’s stock after acquiring an additional 77,785 shares during the period. Schwab US Dividend Equity ETF accounts for 0.2% of First Command Advisory Services Inc.’s holdings, making the stock its 25th biggest position. First Command Advisory Services Inc.’s holdings in Schwab US Dividend Equity ETF were worth $30,222,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in SCHD. Ellis Investment Partners LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock worth $938,000 after purchasing an additional 375 shares during the last quarter. Madden Advisory Services Inc. raised its holdings in Schwab US Dividend Equity ETF by 0.3% in the second quarter. Madden Advisory Services Inc. now owns 113,315 shares of the company’s stock worth $3,003,000 after purchasing an additional 383 shares in the last quarter. Harbor Group Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 4.8% during the third quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock valued at $230,000 after buying an additional 383 shares during the last quarter. Bellevue Asset Management LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 1.2% in the 2nd quarter. Bellevue Asset Management LLC now owns 33,109 shares of the company’s stock valued at $877,000 after buying an additional 389 shares in the last quarter. Finally, Narwhal Capital Management grew its position in shares of Schwab US Dividend Equity ETF by 1.1% in the 2nd quarter. Narwhal Capital Management now owns 36,495 shares of the company’s stock worth $967,000 after buying an additional 400 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.1%

NYSEARCA SCHD opened at $29.18 on Tuesday. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.30. The company has a 50 day moving average price of $27.87 and a 200 day moving average price of $27.41. The firm has a market cap of $76.60 billion, a PE ratio of 14.57 and a beta of 0.77.

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.