Florida Financial Advisors LLC Raises Holdings in Schwab US Dividend Equity ETF $SCHD

Florida Financial Advisors LLC boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 33.2% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 156,724 shares of the company’s stock after purchasing an additional 39,085 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 1.2% of Florida Financial Advisors LLC’s investment portfolio, making the stock its 15th largest position. Florida Financial Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,808,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SCHD. Brighton Jones LLC raised its holdings in Schwab US Dividend Equity ETF by 404.6% in the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after acquiring an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in Schwab US Dividend Equity ETF by 206.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after buying an additional 51,696 shares in the last quarter. Bison Wealth LLC grew its holdings in Schwab US Dividend Equity ETF by 234.4% in the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after buying an additional 309,400 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 35.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock worth $16,579,000 after acquiring an additional 155,769 shares during the last quarter. Finally, United Bank raised its holdings in shares of Schwab US Dividend Equity ETF by 5.0% during the 2nd quarter. United Bank now owns 195,713 shares of the company’s stock worth $5,186,000 after acquiring an additional 9,351 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.5%

Shares of SCHD stock opened at $32.75 on Tuesday. Schwab US Dividend Equity ETF has a twelve month low of $26.21 and a twelve month high of $33.50. The company’s 50-day moving average price is $32.28 and its 200-day moving average price is $31.12. The stock has a market cap of $100.06 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

About Schwab US Dividend Equity ETF

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.