Root Financial Partners LLC Boosts Stock Position in Schwab US Dividend Equity ETF $SCHD

Root Financial Partners LLC increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 43.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 71,056 shares of the company’s stock after buying an additional 21,651 shares during the quarter. Root Financial Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,940,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of SCHD. Brighton Jones LLC raised its position in Schwab US Dividend Equity ETF by 404.6% in the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after purchasing an additional 84,262 shares during the period. Revolve Wealth Partners LLC grew its stake in shares of 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 valued at $2,095,000 after buying an additional 51,696 shares during the last quarter. Bison Wealth LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 234.4% in the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after buying an additional 309,400 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 35.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after acquiring an additional 155,769 shares during the last quarter. Finally, Exchange Traded Concepts LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at about $1,086,000.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $28.90 on Tuesday. The stock’s 50 day simple moving average is $27.68 and its 200 day simple moving average is $27.35. The firm has a market cap of $75.72 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.11.

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.