Friday Financial Grows Stake in Schwab US Dividend Equity ETF $SCHD

Friday Financial lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 9.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 363,808 shares of the company’s stock after purchasing an additional 32,399 shares during the period. Schwab US Dividend Equity ETF accounts for about 3.2% of Friday Financial’s investment portfolio, making the stock its 9th biggest holding. Friday Financial’s holdings in Schwab US Dividend Equity ETF were worth $11,838,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of SCHD. Mountain Hill Investment Partners Corp. boosted its stake in shares of Schwab US Dividend Equity ETF by 1,241.8% during the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after acquiring an additional 832 shares in the last quarter. Merrithew & Thorsten Inc bought a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $25,000. Byrne Asset Management LLC bought a new position in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at approximately $26,000. Field & Main Bank acquired a new stake in Schwab US Dividend Equity ETF in the 4th quarter worth approximately $29,000. Finally, Dynamic Wealth Strategies LLC acquired a new stake in Schwab US Dividend Equity ETF in the 4th quarter worth approximately $29,000.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $33.90 on Monday. Schwab US Dividend Equity ETF has a 12-month low of $26.32 and a 12-month high of $34.24. The stock has a 50 day moving average price of $32.62 and a two-hundred day moving average price of $31.63. The stock has a market capitalization of $105.32 billion, a P/E ratio of 14.57 and a beta of 0.67.

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.