17,132 Shares in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Acquired by Fiduciary Advisors Inc.

Fiduciary Advisors Inc. bought a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 17,132 shares of the company’s stock, valued at approximately $468,000.

A number of other hedge funds have also recently bought and sold shares of SCHD. Kennebec Savings Bank purchased a new position in Schwab US Dividend Equity ETF during the third quarter worth approximately $31,000. Legacy Investment Solutions LLC purchased a new position in Schwab US Dividend Equity ETF during the third quarter worth approximately $34,000. Barrett & Company Inc. purchased a new position in Schwab US Dividend Equity ETF during the third quarter worth approximately $34,000. Cassady Schiller Wealth Management LLC purchased a new position in Schwab US Dividend Equity ETF during the third quarter worth approximately $38,000. Finally, Quent Capital LLC raised its stake in Schwab US Dividend Equity ETF by 86.6% during the third quarter. Quent Capital LLC now owns 517 shares of the company’s stock worth $44,000 after purchasing an additional 240 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.1 %

NYSEARCA:SCHD opened at $27.98 on Friday. The company has a market cap of $19.63 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72. The firm’s 50 day moving average is $28.07 and its two-hundred day moving average is $27.94.

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.