Financial Partners Group LLC Buys 15,510 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Financial Partners Group LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 201.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 23,228 shares of the company’s stock after buying an additional 15,510 shares during the quarter. Financial Partners Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $635,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. JPMorgan Chase & Co. lifted its holdings in shares of Schwab US Dividend Equity ETF by 7.2% during the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock worth $132,552,000 after buying an additional 104,855 shares in the last quarter. GAMMA Investing LLC raised its stake in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after purchasing an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $163,000. Synovus Financial Corp grew its position in shares of Schwab US Dividend Equity ETF by 148.1% during the 3rd quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock worth $3,594,000 after purchasing an additional 25,380 shares in the last quarter. Finally, Anchor Investment Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 1.1% during the third quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock worth $3,256,000 after purchasing an additional 428 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $28.09 on Friday. The business’s 50 day simple moving average is $28.13 and its 200 day simple moving average is $27.87. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 year high of $29.72. The company has a market capitalization of $19.71 billion, a P/E ratio of 15.04 and a beta of 0.74.

Schwab US Dividend Equity ETF 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.