Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Farmers & Merchants Investments Inc.

Farmers & Merchants Investments Inc. boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 201.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 41,868 shares of the company’s stock after purchasing an additional 27,968 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,144,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in SCHD. Central Pacific Bank Trust Division raised its holdings in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after buying an additional 604 shares during the last quarter. Hoese & Co LLP purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $26,000. IFS Advisors LLC lifted its position in Schwab US Dividend Equity ETF by 184.4% during the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after acquiring an additional 699 shares during the period. Kennebec Savings Bank acquired a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $31,000. Finally, Olistico Wealth LLC grew its stake in shares of Schwab US Dividend Equity ETF by 202.2% in the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after purchasing an additional 748 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $27.56 on Friday. The business has a 50 day simple moving average of $27.85 and a 200-day simple moving average of $27.97. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72. The stock has a market capitalization of $19.33 billion, a PE ratio of 15.04 and a beta of 0.74.

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.