Indie Asset Partners LLC Raises Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Indie Asset Partners LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 70,101 shares of the company’s stock after purchasing an additional 46,939 shares during the period. Schwab US Dividend Equity ETF makes up about 1.5% of Indie Asset Partners LLC’s portfolio, making the stock its 11th biggest position. Indie Asset Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,915,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Alpha Financial Partners LLC bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $1,283,000. Greenleaf Trust lifted its holdings in Schwab US Dividend Equity ETF by 18.1% during the third quarter. Greenleaf Trust now owns 3,956 shares of the company’s stock worth $334,000 after buying an additional 605 shares during the period. Grimes & Company Inc. boosted its position in Schwab US Dividend Equity ETF by 185.9% during the 3rd quarter. Grimes & Company Inc. now owns 9,275 shares of the company’s stock valued at $784,000 after acquiring an additional 6,031 shares in the last quarter. apricus wealth LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $264,000. Finally, West Michigan Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF by 8.1% in the 3rd quarter. West Michigan Advisors LLC now owns 15,211 shares of the company’s stock worth $1,286,000 after acquiring an additional 1,139 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $28.21 on Friday. Schwab US Dividend Equity ETF has a 1-year low of $25.18 and a 1-year high of $29.72. The business has a fifty day moving average price of $27.69 and a 200 day moving average price of $28.02. The stock has a market capitalization of $69.11 billion, a P/E ratio of 17.48 and a beta of 0.88.

About Schwab US Dividend Equity ETF

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.