Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Frazier Financial Advisors LLC

Frazier Financial Advisors LLC increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2,780.0% during the fourth quarter, HoldingsChannel reports. The firm owned 1,440 shares of the company’s stock after acquiring an additional 1,390 shares during the period. Frazier Financial Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $39,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Central Pacific Bank Trust Division lifted 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 purchasing an additional 604 shares in the last quarter. Hoese & Co LLP acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter valued at $26,000. Moisand Fitzgerald Tamayo LLC lifted its stake in Schwab US Dividend Equity ETF by 294.3% in the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after acquiring an additional 777 shares in the last quarter. PFG Private Wealth Management LLC grew its stake in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after acquiring an additional 686 shares in the last quarter. Finally, IFS Advisors LLC grew its stake 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 valued at $29,000 after acquiring an additional 699 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $27.75 on Friday. The company has a 50 day simple moving average of $27.97 and a 200-day simple moving average of $28.13. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week high of $29.72. The firm has a market capitalization of $69.93 billion, a price-to-earnings ratio of 17.12 and a beta of 0.86.

Schwab US Dividend Equity ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th will be paid a dividend of $0.2488 per share. The ex-dividend date of this dividend is Wednesday, March 26th.

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.