First Foundation Advisors Has $386,000 Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

First Foundation Advisors lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 11.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,797 shares of the company’s stock after buying an additional 1,410 shares during the quarter. First Foundation Advisors’ holdings in Schwab US Dividend Equity ETF were worth $386,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Eagle Capital Management LLC increased its position in Schwab US Dividend Equity ETF by 204.9% during the fourth quarter. Eagle Capital Management LLC now owns 862,365 shares of the company’s stock worth $23,560,000 after acquiring an additional 579,549 shares during the period. Brighton Jones LLC increased its position in Schwab US Dividend Equity ETF by 404.6% during the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after acquiring an additional 84,262 shares during the period. Revolve Wealth Partners LLC increased its position in Schwab US Dividend Equity ETF by 206.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after acquiring an additional 51,696 shares during the period. Sei Investments Co. increased its position in Schwab US Dividend Equity ETF by 184.2% during the fourth quarter. Sei Investments Co. now owns 181,813 shares of the company’s stock worth $4,967,000 after acquiring an additional 117,850 shares during the period. Finally, JPMorgan Chase & Co. increased its position in Schwab US Dividend Equity ETF by 223.7% during the fourth quarter. JPMorgan Chase & Co. now owns 5,076,341 shares of the company’s stock worth $138,686,000 after acquiring an additional 3,508,238 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.1%

Shares of SCHD stock opened at $27.17 on Wednesday. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.72. The firm’s fifty day simple moving average is $26.77 and its 200 day simple moving average is $26.97. The firm has a market capitalization of $70.95 billion, a P/E ratio of 14.57 and a beta of 0.88.

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.