RWA Wealth Partners LLC Boosts Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

RWA Wealth Partners LLC raised its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 50.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,764 shares of the company’s stock after acquiring an additional 3,946 shares during the period. RWA Wealth Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $896,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in SCHD. National Bank of Canada FI grew its position in Schwab US Dividend Equity ETF by 78.8% during the third quarter. National Bank of Canada FI now owns 1,427 shares of the company’s stock valued at $100,000 after acquiring an additional 629 shares during the period. DAVENPORT & Co LLC boosted its position in shares of Schwab US Dividend Equity ETF by 21.6% in the third quarter. DAVENPORT & Co LLC now owns 64,321 shares of the company’s stock worth $4,551,000 after buying an additional 11,436 shares during the period. Proficio Capital Partners LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth about $332,000. DDD Partners LLC boosted its position in shares of Schwab US Dividend Equity ETF by 11.1% in the third quarter. DDD Partners LLC now owns 3,981 shares of the company’s stock worth $281,000 after buying an additional 399 shares during the period. Finally, Galvin Gaustad & Stein LLC boosted its position in shares of Schwab US Dividend Equity ETF by 13.3% in the third quarter. Galvin Gaustad & Stein LLC now owns 17,413 shares of the company’s stock worth $1,232,000 after buying an additional 2,038 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $78.11 on Thursday. Schwab US Dividend Equity ETF has a 1-year low of $66.67 and a 1-year high of $80.82. The business has a 50-day moving average of $78.29 and a 200-day moving average of $75.13. The company has a market capitalization of $54.64 billion, a price-to-earnings ratio of 14.82 and a beta of 0.77.

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.