Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Farmers & Merchants Investments Inc.

Farmers & Merchants Investments Inc. increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 201.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 41,868 shares of the company’s stock after purchasing an additional 27,968 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,144,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position in Schwab US Dividend Equity ETF by 7.2% during the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock worth $132,552,000 after acquiring an additional 104,855 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after purchasing an additional 6,502 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $163,000. Synovus Financial Corp grew its position in shares of Schwab US Dividend Equity ETF by 148.1% in the third quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock valued at $3,594,000 after purchasing an additional 25,380 shares in the last quarter. Finally, Anchor Investment Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 1.1% in the third quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock valued at $3,256,000 after purchasing an additional 428 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $27.56 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72. The firm has a market capitalization of $19.33 billion, a P/E ratio of 15.04 and a beta of 0.74. The stock’s fifty day moving average is $27.85 and its two-hundred day moving average is $27.97.

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.