105,121 Schwab US Dividend Equity ETF $SCHD Shares Acquired by Robbins Farley

Robbins Farley increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 30.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 447,731 shares of the company’s stock after purchasing an additional 105,121 shares during the period. Schwab US Dividend Equity ETF accounts for about 5.3% of Robbins Farley’s portfolio, making the stock its 2nd largest position. Robbins Farley’s holdings in Schwab US Dividend Equity ETF were worth $14,565,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. Eagle Harbor Asset Management Inc. ADV purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth $1,520,000. Innova Wealth Partners grew its stake in Schwab US Dividend Equity ETF by 65.2% during the 3rd quarter. Innova Wealth Partners now owns 29,564 shares of the company’s stock valued at $962,000 after purchasing an additional 11,666 shares during the last quarter. Newman Dignan & Sheerar Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at about $28,767,000. Wealth Management Resources Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at about $31,433,000. Finally, Benchmark Financial Wealth Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF by 5.4% in the third quarter. Benchmark Financial Wealth Advisors LLC now owns 340,535 shares of the company’s stock worth $11,078,000 after purchasing an additional 17,377 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.3%

Schwab US Dividend Equity ETF stock opened at $34.69 on Wednesday. Schwab US Dividend Equity ETF has a 52 week low of $26.32 and a 52 week high of $35.31. The company has a market capitalization of $116.04 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The stock has a 50-day moving average price of $34.02 and a 200 day moving average price of $32.82.

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.