Strategic Financial Concepts LLC Purchases 160,307 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Strategic Financial Concepts LLC boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 423.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 198,169 shares of the company’s stock after acquiring an additional 160,307 shares during the quarter. Strategic Financial Concepts LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,414,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in shares of Schwab US Dividend Equity ETF by 7.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after purchasing an additional 104,855 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after buying an additional 6,502 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth $163,000. Tenon Financial LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 200.1% in the 4th quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock valued at $412,000 after acquiring an additional 10,082 shares during the last quarter. Finally, Summit Wealth & Retirement Planning Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 195.0% during the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock valued at $715,000 after acquiring an additional 17,305 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.2 %

Shares of SCHD stock opened at $27.79 on Monday. The firm has a market capitalization of $19.49 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 $25.18 and a twelve month high of $29.72. The stock’s fifty day simple moving average is $27.72 and its 200 day simple moving average is $28.00.

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.