Empirical Financial Services LLC d.b.a. Empirical Wealth Management Buys 35,539 Shares of Schwab US Dividend Equity ETF $SCHD

Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 45.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 113,265 shares of the company’s stock after acquiring an additional 35,539 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Schwab US Dividend Equity ETF were worth $3,475,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Glassman Wealth Services grew its holdings in Schwab US Dividend Equity ETF by 220.8% during the first quarter. Glassman Wealth Services now owns 7,742 shares of the company’s stock valued at $238,000 after purchasing an additional 5,329 shares during the period. Bleakley Financial Group LLC raised its holdings in Schwab US Dividend Equity ETF by 33.4% in the first quarter. Bleakley Financial Group LLC now owns 59,285 shares of the company’s stock worth $1,819,000 after purchasing an additional 14,849 shares during the period. V2 Financial group LLC boosted its position in shares of Schwab US Dividend Equity ETF by 39.5% during the first quarter. V2 Financial group LLC now owns 49,110 shares of the company’s stock worth $1,507,000 after purchasing an additional 13,910 shares in the last quarter. HBW Advisory Services LLC boosted its position in shares of Schwab US Dividend Equity ETF by 1.2% during the first quarter. HBW Advisory Services LLC now owns 331,938 shares of the company’s stock worth $10,184,000 after purchasing an additional 3,902 shares in the last quarter. Finally, NWF Advisory Services Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 12.9% in the 1st quarter. NWF Advisory Services Inc. now owns 108,809 shares of the company’s stock valued at $3,338,000 after buying an additional 12,448 shares during the period.

Schwab US Dividend Equity ETF Stock Down 1.1%

SCHD opened at $32.20 on Wednesday. The stock has a market cap of $97.99 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12 month low of $26.21 and a 12 month high of $32.92. The company has a fifty day simple moving average of $32.19 and a 200 day simple moving average of $30.97.

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.