Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Robinson Smith Wealth Advisors LLC

Robinson Smith Wealth Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 210.3% in the fourth quarter, HoldingsChannel reports. The fund owned 7,437 shares of the company’s stock after buying an additional 5,040 shares during the quarter. Robinson Smith Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $203,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. GWN Securities Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $737,000. Altus Wealth Group LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 221.5% during the 4th quarter. Altus Wealth Group LLC now owns 44,227 shares of the company’s stock valued at $1,208,000 after buying an additional 30,471 shares during the last quarter. Glenview Trust co raised its position in shares of Schwab US Dividend Equity ETF by 182.5% during the 4th quarter. Glenview Trust co now owns 10,488 shares of the company’s stock valued at $287,000 after acquiring an additional 6,776 shares in the last quarter. Strategic Financial Partners Ltd. raised its position in shares of Schwab US Dividend Equity ETF by 202.8% during the 4th quarter. Strategic Financial Partners Ltd. now owns 9,897 shares of the company’s stock valued at $270,000 after acquiring an additional 6,629 shares in the last quarter. Finally, Patten & Patten Inc. TN increased its position in Schwab US Dividend Equity ETF by 239.7% in the fourth quarter. Patten & Patten Inc. TN now owns 34,838 shares of the company’s stock worth $952,000 after buying an additional 24,583 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $27.64 on Friday. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72. The firm has a market capitalization of $68.55 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86. The stock’s fifty day moving average is $27.89 and its 200-day moving average is $28.13.

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.