Robertson Stephens Wealth Management LLC Purchases 9,263 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Robertson Stephens Wealth Management LLC grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.5% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 152,107 shares of the company’s stock after buying an additional 9,263 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,253,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the company. Lynch & Associates IN raised its holdings in shares of Schwab US Dividend Equity ETF by 5.9% in the 1st quarter. Lynch & Associates IN now owns 150,484 shares of the company’s stock worth $4,208,000 after purchasing an additional 8,421 shares during the period. Strategic Advisors LLC lifted its stake in Schwab US Dividend Equity ETF by 4.6% in the first quarter. Strategic Advisors LLC now owns 15,244 shares of the company’s stock valued at $426,000 after purchasing an additional 672 shares during the last quarter. Inscription Capital LLC purchased a new position in Schwab US Dividend Equity ETF in the first quarter valued at approximately $1,054,000. Copia Wealth Management purchased a new position in Schwab US Dividend Equity ETF in the first quarter valued at approximately $113,000. Finally, Precedent Wealth Partners LLC lifted its stake in Schwab US Dividend Equity ETF by 130.8% in the first quarter. Precedent Wealth Partners LLC now owns 52,895 shares of the company’s stock valued at $1,479,000 after purchasing an additional 29,978 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.1%

Schwab US Dividend Equity ETF stock opened at $26.92 on Tuesday. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $29.72. The business’s 50 day simple moving average is $26.01 and its 200 day simple moving average is $27.14. The company has a market cap of $69.99 billion, a price-to-earnings ratio of 15.93 and a beta of 0.82.

Schwab US Dividend Equity ETF Company 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.