Prosperitas Financial LLC Purchases 199,302 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Prosperitas Financial LLC boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 210.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 293,868 shares of the company’s stock after buying an additional 199,302 shares during the quarter. Schwab US Dividend Equity ETF makes up about 4.1% of Prosperitas Financial LLC’s portfolio, making the stock its 9th biggest position. Prosperitas Financial LLC’s holdings in Schwab US Dividend Equity ETF were worth $8,028,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. increased its position in shares of Schwab US Dividend Equity ETF by 7.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock worth $132,552,000 after purchasing an additional 104,855 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after purchasing an additional 6,502 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $163,000. Tenon Financial LLC increased its position in shares of Schwab US Dividend Equity ETF by 200.1% during the 4th quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock worth $412,000 after purchasing an additional 10,082 shares during the last quarter. Finally, Summit Wealth & Retirement Planning Inc. increased its position in shares of Schwab US Dividend Equity ETF by 195.0% during the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock worth $715,000 after purchasing an additional 17,305 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.1 %

NYSEARCA:SCHD opened at $28.17 on Friday. The firm has a market capitalization of $69.02 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a twelve month low of $25.18 and a twelve month high of $29.72. The stock’s 50 day moving average price is $27.76 and its two-hundred day moving average price is $28.08.

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.