Prosperitas Financial LLC Boosts Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Prosperitas Financial LLC lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 74,444 shares of the company’s stock after buying an additional 575 shares during the quarter. Schwab US Dividend Equity ETF makes up 4.2% of Prosperitas Financial LLC’s portfolio, making the stock its 8th biggest position. Prosperitas Financial LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,667,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of SCHD. O Shaughnessy Asset Management LLC lifted its position in Schwab US Dividend Equity ETF by 115.2% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 353 shares of the company’s stock valued at $26,000 after purchasing an additional 189 shares during the last quarter. Raleigh Capital Management Inc. bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth about $28,000. Bear Mountain Capital Inc. bought a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $34,000. Howe & Rusling Inc. raised its position in shares of Schwab US Dividend Equity ETF by 209.8% during the 3rd quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock worth $36,000 after buying an additional 344 shares in the last quarter. Finally, BlackRock Inc. raised its position in shares of Schwab US Dividend Equity ETF by 464.5% during the 2nd quarter. BlackRock Inc. now owns 525 shares of the company’s stock worth $38,000 after buying an additional 432 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock traded down $0.39 during midday trading on Tuesday, reaching $76.03. 1,213,888 shares of the company were exchanged, compared to its average volume of 3,672,526. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $80.82. The company has a market cap of $53.28 billion, a P/E ratio of 15.00 and a beta of 0.79. The company’s 50 day moving average price is $78.29 and its two-hundred day moving average price is $74.82.

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.