First Command Advisory Services Inc. Buys 77,785 Shares of Schwab US Dividend Equity ETF $SCHD

First Command Advisory Services Inc. boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,107,033 shares of the company’s stock after buying an additional 77,785 shares during the quarter. Schwab US Dividend Equity ETF makes up 0.2% of First Command Advisory Services Inc.’s portfolio, making the stock its 25th largest position. First Command Advisory Services Inc.’s holdings in Schwab US Dividend Equity ETF were worth $30,222,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in SCHD. Biltmore Family Office LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 116.4% in the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after purchasing an additional 524 shares during the period. PrairieView Partners LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 57.3% in the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after buying an additional 467 shares during the period. Vaughan Nelson Investment Management L.P. bought a new position in shares of Schwab US Dividend Equity ETF during the 2nd quarter worth $39,000. Independence Bank of Kentucky bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $41,000. Finally, True Wealth Design LLC increased its stake in shares of Schwab US Dividend Equity ETF by 42.9% during the third quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock valued at $41,000 after buying an additional 450 shares during the period.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $29.18 on Tuesday. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.30. The business has a 50-day moving average price of $27.87 and a 200 day moving average price of $27.41. The company has a market capitalization of $76.60 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.