First Command Advisory Services Inc. Purchases 51,253 Shares of Schwab US Dividend Equity ETF $SCHD

First Command Advisory Services Inc. boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,158,286 shares of the company’s stock after acquiring an additional 51,253 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 0.2% of First Command Advisory Services Inc.’s portfolio, making the stock its 26th largest holding. First Command Advisory Services Inc.’s holdings in Schwab US Dividend Equity ETF were worth $31,772,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in SCHD. JPMorgan Chase & Co. increased its position in shares of Schwab US Dividend Equity ETF by 2.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,616,851 shares of the company’s stock valued at $126,040,000 after purchasing an additional 95,857 shares during the last quarter. Elmwood Wealth Management Inc. bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $1,003,000. Bell Bank increased its position in shares of Schwab US Dividend Equity ETF by 53.3% during the 4th quarter. Bell Bank now owns 104,155 shares of the company’s stock valued at $2,857,000 after purchasing an additional 36,212 shares during the last quarter. Aspire Capital Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 2.9% during the 4th quarter. Aspire Capital Advisors LLC now owns 1,063,961 shares of the company’s stock valued at $29,184,000 after purchasing an additional 30,146 shares during the last quarter. Finally, BIP Wealth LLC bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $1,589,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $32.30 on Friday. The company has a market cap of $91.69 billion, a P/E ratio of 14.57 and a beta of 0.67. The business’s 50 day moving average price is $31.49 and its 200-day moving average price is $30.05. Schwab US Dividend Equity ETF has a fifty-two week low of $26.16 and a fifty-two week high of $32.91.

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.