Rockwood Wealth Management LLC Grows Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Rockwood Wealth Management LLC increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 209.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 9,511 shares of the company’s stock after acquiring an additional 6,433 shares during the quarter. Rockwood Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $259,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in SCHD. Central Pacific Bank Trust Division grew its position in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after acquiring an additional 604 shares in the last quarter. Hoese & Co LLP bought a new stake in Schwab US Dividend Equity ETF during the fourth quarter worth about $26,000. IFS Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 184.4% in the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after purchasing an additional 699 shares in the last quarter. Kennebec Savings Bank bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $31,000. Finally, Olistico Wealth LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 202.2% during the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after buying an additional 748 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $28.07 on Friday. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 year high of $29.72. The stock has a 50 day simple moving average of $28.10 and a two-hundred day simple moving average of $27.90. The firm has a market cap of $19.69 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.