Robbins Farley Reduces Stock Position in Schwab US Dividend Equity ETF $SCHD

Robbins Farley decreased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 8.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 293,017 shares of the company’s stock after selling 26,044 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 4.0% of Robbins Farley’s holdings, making the stock its 2nd largest position. Robbins Farley’s holdings in Schwab US Dividend Equity ETF were worth $8,990,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Bell Bank increased its holdings in shares of Schwab US Dividend Equity ETF by 53.3% in the fourth quarter. Bell Bank now owns 104,155 shares of the company’s stock valued at $2,857,000 after buying an additional 36,212 shares in the last quarter. Elmwood Wealth Management Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at $1,003,000. JPMorgan Chase & Co. boosted its stake in shares of Schwab US Dividend Equity ETF by 2.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,616,851 shares of the company’s stock worth $126,040,000 after acquiring an additional 95,857 shares in the last quarter. Aspire Capital Advisors LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 2.9% during the 4th quarter. Aspire Capital Advisors LLC now owns 1,063,961 shares of the company’s stock worth $29,184,000 after acquiring an additional 30,146 shares in the last quarter. Finally, BIP Wealth LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter worth $1,589,000.

Schwab US Dividend Equity ETF Stock Up 0.1%

Shares of Schwab US Dividend Equity ETF stock opened at $31.89 on Tuesday. The stock’s fifty day moving average is $31.85 and its 200-day moving average is $30.46. The firm has a market capitalization of $90.53 billion, a PE ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 12-month low of $26.16 and a 12-month high of $32.92.

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.