Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Strategic Wealth Partners Ltd.

Strategic Wealth Partners Ltd. boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 197.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 252,944 shares of the company’s stock after purchasing an additional 167,933 shares during the quarter. Strategic Wealth Partners Ltd.’s holdings in Schwab US Dividend Equity ETF were worth $7,044,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Hoese & Co LLP purchased a new stake in Schwab US Dividend Equity ETF during the fourth quarter worth approximately $26,000. Ritter Daniher Financial Advisory LLC DE raised its holdings in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock worth $27,000 after purchasing an additional 650 shares in the last quarter. PFG Private Wealth Management LLC lifted its position in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after buying an additional 686 shares during the last quarter. Moisand Fitzgerald Tamayo LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 294.3% in the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock valued at $28,000 after buying an additional 777 shares in the last quarter. Finally, Mountain Hill Investment Partners Corp. purchased a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $29,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $26.60 on Friday. The firm has a fifty day moving average price of $26.32 and a 200 day moving average price of $27.52. The stock has a market cap of $69.16 billion, a PE ratio of 15.01 and a beta of 0.82. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72.

Schwab US Dividend Equity ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were paid a dividend of $0.2488 per share. The ex-dividend date was Wednesday, March 26th.

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.