Root Financial Partners LLC Raises Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Root Financial Partners LLC lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 37.5% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 81,924 shares of the company’s stock after buying an additional 22,322 shares during the quarter. Root Financial Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,513,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Elmwood Wealth Management Inc. purchased a new position in Schwab US Dividend Equity ETF during the fourth quarter valued at $1,003,000. Bell Bank lifted its stake in Schwab US Dividend Equity ETF by 53.3% in the 4th quarter. Bell Bank now owns 104,155 shares of the company’s stock worth $2,857,000 after purchasing an additional 36,212 shares in the last quarter. Aspire Capital Advisors LLC lifted its stake in Schwab US Dividend Equity ETF by 2.9% in the 4th quarter. Aspire Capital Advisors LLC now owns 1,063,961 shares of the company’s stock worth $29,184,000 after purchasing an additional 30,146 shares in the last quarter. BIP Wealth LLC bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at about $1,589,000. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of Schwab US Dividend Equity ETF by 18.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 523,834 shares of the company’s stock valued at $14,369,000 after purchasing an additional 82,981 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.4%

Shares of Schwab US Dividend Equity ETF stock opened at $31.85 on Thursday. Schwab US Dividend Equity ETF has a twelve month low of $26.21 and a twelve month high of $32.92. The business has a 50-day moving average price of $32.01 and a 200-day moving average price of $30.67. The firm has a market cap of $95.84 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

About Schwab US Dividend Equity ETF

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.