Prospect Financial Services LLC Buys 43,659 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Prospect Financial Services LLC boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 310.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,733 shares of the company’s stock after buying an additional 43,659 shares during the quarter. Schwab US Dividend Equity ETF makes up 0.9% of Prospect Financial Services LLC’s portfolio, making the stock its 28th largest position. Prospect Financial Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,577,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division grew its holdings in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after acquiring an additional 604 shares in the last quarter. Hoese & Co LLP purchased a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter worth approximately $26,000. IFS Advisors LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 184.4% during the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after purchasing an additional 699 shares in the last quarter. Kennebec Savings Bank bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $31,000. Finally, Olistico Wealth LLC increased its holdings in Schwab US Dividend Equity ETF by 202.2% during the fourth quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after buying an additional 748 shares during the period.

Schwab US Dividend Equity ETF Stock Up 1.4 %

Schwab US Dividend Equity ETF stock opened at $28.45 on Tuesday. The firm has a market cap of $19.96 billion, a P/E ratio of 15.04 and a beta of 0.74. The business has a fifty day moving average of $28.10 and a two-hundred day moving average of $27.92. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month high of $29.72.

Schwab US Dividend Equity ETF 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.