Fiduciary Alliance LLC Has $11.76 Million Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Fiduciary Alliance LLC boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 277.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 430,466 shares of the company’s stock after purchasing an additional 316,459 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 1.2% of Fiduciary Alliance LLC’s investment portfolio, making the stock its 17th largest holding. Fiduciary Alliance LLC owned about 0.06% of Schwab US Dividend Equity ETF worth $11,760,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of SCHD. Ashton Thomas Private Wealth LLC purchased a new position in Schwab US Dividend Equity ETF during the 2nd quarter worth $72,000. Oppenheimer Asset Management Inc. boosted its holdings in Schwab US Dividend Equity ETF by 45.0% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 58,752 shares of the company’s stock worth $4,569,000 after acquiring an additional 18,220 shares during the last quarter. Evergreen Advisors LLC boosted its holdings in Schwab US Dividend Equity ETF by 3.7% during the 2nd quarter. Evergreen Advisors LLC now owns 445,174 shares of the company’s stock worth $34,617,000 after acquiring an additional 15,909 shares during the last quarter. Tennessee Valley Asset Management Partners purchased a new position in Schwab US Dividend Equity ETF during the 2nd quarter worth $209,000. Finally, Fairfield Financial Advisors LTD purchased a new position in Schwab US Dividend Equity ETF during the 2nd quarter worth $39,000.

Schwab US Dividend Equity ETF Stock Performance

SCHD traded up $0.08 during mid-day trading on Monday, reaching $27.09. 3,719,373 shares of the stock were exchanged, compared to its average volume of 15,168,441. The stock has a market capitalization of $19.00 billion, a PE ratio of 15.04 and a beta of 0.74. The company has a 50 day moving average price of $28.29 and a two-hundred day moving average price of $27.77. Schwab US Dividend Equity ETF has a 1 year low of $24.97 and a 1 year high of $29.72.

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.