Farther Finance Advisors LLC Acquires 358,353 Shares of Schwab US Dividend Equity ETF $SCHD

Farther Finance Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 52.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,036,896 shares of the company’s stock after acquiring an additional 358,353 shares during the quarter. Farther Finance Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $28,442,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Freestone Capital Holdings LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 62.7% in the 4th quarter. Freestone Capital Holdings LLC now owns 42,792 shares of the company’s stock worth $1,174,000 after acquiring an additional 16,486 shares during the last quarter. Optima Capital LLC increased its stake in shares of Schwab US Dividend Equity ETF by 10.5% in the fourth quarter. Optima Capital LLC now owns 19,093 shares of the company’s stock worth $524,000 after buying an additional 1,818 shares during the period. Assetmark Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 2.8% in the fourth quarter. Assetmark Inc. now owns 391,544 shares of the company’s stock worth $10,740,000 after buying an additional 10,755 shares during the period. Transcend Capital Advisors LLC increased its stake in shares of Schwab US Dividend Equity ETF by 2.8% in the fourth quarter. Transcend Capital Advisors LLC now owns 48,823 shares of the company’s stock worth $1,339,000 after buying an additional 1,346 shares during the period. Finally, Curbstone Financial Management Corp increased its stake in shares of Schwab US Dividend Equity ETF by 7.9% in the fourth quarter. Curbstone Financial Management Corp now owns 490,186 shares of the company’s stock worth $13,446,000 after buying an additional 35,980 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.1%

Shares of NYSEARCA SCHD opened at $30.71 on Wednesday. Schwab US Dividend Equity ETF has a 52 week low of $24.76 and a 52 week high of $31.95. The firm’s fifty day moving average is $31.05 and its 200 day moving average is $28.84. The company has a market cap of $85.88 billion, a price-to-earnings ratio of 14.57 and a beta of 0.70.

Schwab US Dividend Equity ETF Profile

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.