Schwab US Dividend Equity ETF $SCHD Stock Purchased by Partners Wealth Management LLC

Partners Wealth Management LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 241.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,331 shares of the company’s stock after purchasing an additional 29,236 shares during the quarter. Partners Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,344,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of SCHD. Soltis Investment Advisors LLC increased its holdings in Schwab US Dividend Equity ETF by 15.3% in the third quarter. Soltis Investment Advisors LLC now owns 150,429 shares of the company’s stock worth $4,893,000 after buying an additional 19,998 shares during the last quarter. Founders Financial Securities LLC bought a new position in Schwab US Dividend Equity ETF during the third quarter valued at approximately $6,722,000. Blueprint Investment Partners LLC lifted its stake in Schwab US Dividend Equity ETF by 1.8% in the third quarter. Blueprint Investment Partners LLC now owns 95,884 shares of the company’s stock valued at $3,119,000 after acquiring an additional 1,736 shares during the last quarter. Keeler & Nadler Financial Planning & Wealth Management lifted its stake in Schwab US Dividend Equity ETF by 1.7% in the third quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 168,783 shares of the company’s stock valued at $5,491,000 after acquiring an additional 2,765 shares during the last quarter. Finally, Crew Capital Management Ltd acquired a new stake in Schwab US Dividend Equity ETF in the third quarter valued at approximately $6,162,000.

Schwab US Dividend Equity ETF Stock Up 0.5%

SCHD stock opened at $35.78 on Friday. The company has a market capitalization of $120.59 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12 month low of $26.32 and a 12 month high of $36.10. The firm has a 50 day moving average of $34.13 and a two-hundred day moving average of $32.32.

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.