Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is Friday Financial’s 10th Largest Position

Friday Financial lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 208,617 shares of the company’s stock after purchasing an additional 10,294 shares during the period. Schwab US Dividend Equity ETF comprises about 3.5% of Friday Financial’s holdings, making the stock its 10th largest holding. Friday Financial’s holdings in Schwab US Dividend Equity ETF were worth $5,814,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Clear Point Advisors Inc. boosted its holdings in Schwab US Dividend Equity ETF by 1.4% in the first quarter. Clear Point Advisors Inc. now owns 30,008 shares of the company’s stock valued at $839,000 after purchasing an additional 404 shares during the period. May Barnhard Investments LLC boosted its holdings in Schwab US Dividend Equity ETF by 1.6% in the first quarter. May Barnhard Investments LLC now owns 28,324 shares of the company’s stock valued at $792,000 after purchasing an additional 447 shares during the period. Sunflower Bank N.A. boosted its holdings in Schwab US Dividend Equity ETF by 3.3% in the first quarter. Sunflower Bank N.A. now owns 14,076 shares of the company’s stock valued at $394,000 after purchasing an additional 450 shares during the period. Ridgecrest Wealth Partners LLC boosted its holdings in Schwab US Dividend Equity ETF by 2.0% in the first quarter. Ridgecrest Wealth Partners LLC now owns 24,409 shares of the company’s stock valued at $682,000 after purchasing an additional 479 shares during the period. Finally, Traphagen Investment Advisors LLC boosted its holdings in Schwab US Dividend Equity ETF by 1.9% in the first quarter. Traphagen Investment Advisors LLC now owns 29,256 shares of the company’s stock valued at $818,000 after purchasing an additional 545 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.2%

NYSEARCA:SCHD opened at $26.70 on Monday. The firm has a market cap of $69.42 billion, a PE ratio of 14.34 and a beta of 0.80. The stock has a fifty day moving average price of $26.10 and a 200 day moving average price of $27.07. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $29.72.

Schwab US Dividend Equity ETF Company 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.