Kohmann Bosshard Financial Services LLC boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.7% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 135,092 shares of the company’s stock after buying an additional 7,311 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 2.9% of Kohmann Bosshard Financial Services LLC’s portfolio, making the stock its 13th biggest holding. Kohmann Bosshard Financial Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $7,400,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Manchester Financial Inc. bought a new position in shares of Schwab US Dividend Equity ETF in the second quarter worth approximately $25,000. SRS Capital Advisors Inc. bought a new position in shares of Schwab US Dividend Equity ETF during the second quarter worth $25,000. Capital Directions Investment Advisors LLC bought a new position in shares of Schwab US Dividend Equity ETF during the first quarter worth $26,000. Rehmann Capital Advisory Group bought a new position in shares of Schwab US Dividend Equity ETF during the first quarter worth $30,000. Finally, Financial Management Professionals Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 482.5% during the second quarter. Financial Management Professionals Inc. now owns 600 shares of the company’s stock worth $32,000 after acquiring an additional 497 shares during the last quarter.

Shares of NYSEARCA:SCHD traded up $0.46 during midday trading on Wednesday, reaching $53.33. 615,309 shares of the company were exchanged, compared to its average volume of 869,484. The business’s fifty day moving average is $53.97 and its two-hundred day moving average is $53.18. Schwab US Dividend Equity ETF has a one year low of $44.03 and a one year high of $55.93.

The firm also recently declared a — dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a dividend of $0.4855 per share. This represents a yield of 2.8%. The ex-dividend date of this dividend was Wednesday, September 25th.

Read More: What are trading strategies for the 52-week high/low?

Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHD).

Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Receive News & Ratings for Schwab US Dividend Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Dividend Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.