Financial Sense Advisors Inc. Invests $6.60 Million in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Financial Sense Advisors Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 81,907 shares of the company’s stock, valued at approximately $6,604,000. Schwab US Dividend Equity ETF makes up approximately 2.2% of Financial Sense Advisors Inc.’s holdings, making the stock its 10th biggest holding.

Other hedge funds have also bought and sold shares of the company. Charles Schwab Investment Advisory Inc. grew its position in shares of Schwab US Dividend Equity ETF by 0.5% during the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 9,680,868 shares of the company’s stock valued at $737,004,000 after purchasing an additional 45,013 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Schwab US Dividend Equity ETF by 2.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,349,008 shares of the company’s stock worth $307,736,000 after acquiring an additional 95,086 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of Schwab US Dividend Equity ETF by 11.8% in the 3rd quarter. Royal Bank of Canada now owns 4,280,883 shares of the company’s stock valued at $302,916,000 after acquiring an additional 451,744 shares in the last quarter. Orgel Wealth Management LLC boosted its position in shares of Schwab US Dividend Equity ETF by 0.9% during the 1st quarter. Orgel Wealth Management LLC now owns 4,152,801 shares of the company’s stock valued at $334,840,000 after acquiring an additional 38,020 shares during the last quarter. Finally, Wells Fargo & Company MN grew its holdings in shares of Schwab US Dividend Equity ETF by 6.9% during the fourth quarter. Wells Fargo & Company MN now owns 3,652,298 shares of the company’s stock worth $278,049,000 after purchasing an additional 235,941 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $77.18 on Thursday. Schwab US Dividend Equity ETF has a 1-year low of $66.67 and a 1-year high of $80.82. The company has a market capitalization of $54.14 billion, a P/E ratio of 15.04 and a beta of 0.74. The firm’s 50 day simple moving average is $78.10 and its 200 day simple moving average is $77.65.

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.