Fundamentun LLC bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 132,783 shares of the company’s stock, valued at approximately $6,942,000. Schwab US Dividend Equity ETF makes up about 5.5% of Fundamentun LLC’s portfolio, making the stock its 4th largest holding.

Other institutional investors have also recently added to or reduced their stakes in the company. Doyle Wealth Management acquired a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $53,000. LifePlan Financial Group Inc increased its holdings in Schwab US Dividend Equity ETF by 463.1% in the first quarter. LifePlan Financial Group Inc now owns 1,098 shares of the company’s stock worth $57,000 after purchasing an additional 903 shares in the last quarter. Winslow Evans & Crocker Inc. increased its holdings in Schwab US Dividend Equity ETF by 21.8% in the first quarter. Winslow Evans & Crocker Inc. now owns 1,096 shares of the company’s stock worth $58,000 after purchasing an additional 196 shares in the last quarter. Pinnacle Bank bought a new stake in Schwab US Dividend Equity ETF in the fourth quarter worth approximately $78,000. Finally, Oppenheimer Asset Management Inc. bought a new stake in Schwab US Dividend Equity ETF in the fourth quarter worth approximately $86,000.

SCHD stock traded up $0.36 during mid-day trading on Thursday, reaching $52.54. The company’s stock had a trading volume of 8,408 shares, compared to its average volume of 1,021,618. Schwab US Dividend Equity ETF has a 12 month low of $44.03 and a 12 month high of $54.75.

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

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