L. Roy Papp & Associates LLP Purchases 10,615 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

L. Roy Papp & Associates LLP raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 194.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 16,086 shares of the company’s stock after purchasing an additional 10,615 shares during the period. L. Roy Papp & Associates LLP’s holdings in Schwab US Dividend Equity ETF were worth $439,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of SCHD. Central Pacific Bank Trust Division lifted its holdings in Schwab US Dividend Equity ETF by 200.0% during 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 acquired a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth about $26,000. IFS Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF by 184.4% during the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after purchasing an additional 699 shares during the period. 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 grew its position in shares of Schwab US Dividend Equity ETF by 202.2% in the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after purchasing an additional 748 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $27.87 on Wednesday. The firm has a market cap of $19.55 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month high of $29.72. The firm’s 50 day moving average price is $27.81 and its two-hundred day moving average price is $27.99.

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.