Foundations Investment Advisors LLC Increases Stake in Schwab US Dividend Equity ETF $SCHD

Foundations Investment Advisors LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 36.5% in the 3rd quarter, Holdings Channel reports. The fund owned 196,460 shares of the company’s stock after acquiring an additional 52,487 shares during the period. Foundations Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,363,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ellis Investment Partners LLC increased its position in Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock worth $938,000 after purchasing an additional 375 shares during the period. Madden Advisory Services Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 0.3% in the second quarter. Madden Advisory Services Inc. now owns 113,315 shares of the company’s stock valued at $3,003,000 after buying an additional 383 shares in the last quarter. Harbor Group Inc. grew its holdings in Schwab US Dividend Equity ETF by 4.8% during the third quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock worth $230,000 after acquiring an additional 383 shares during the period. Bellevue Asset Management LLC raised its position in Schwab US Dividend Equity ETF by 1.2% in the second quarter. Bellevue Asset Management LLC now owns 33,109 shares of the company’s stock worth $877,000 after acquiring an additional 389 shares in the last quarter. Finally, Narwhal Capital Management raised its position in Schwab US Dividend Equity ETF by 1.1% in the second quarter. Narwhal Capital Management now owns 36,495 shares of the company’s stock worth $967,000 after acquiring an additional 400 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $29.37 on Friday. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.79. The firm has a market capitalization of $77.11 billion, a P/E ratio of 14.57 and a beta of 0.77. The company’s fifty day moving average is $28.02 and its two-hundred day moving average is $27.45.

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.