RHS Financial LLC Has $1.61 Million Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

RHS Financial LLC lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 186.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 58,937 shares of the company’s stock after purchasing an additional 38,378 shares during the quarter. RHS Financial LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,610,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the stock. Clear Creek Financial Management LLC raised its position in Schwab US Dividend Equity ETF by 190.7% during the fourth quarter. Clear Creek Financial Management LLC now owns 37,095 shares of the company’s stock valued at $1,013,000 after acquiring an additional 24,334 shares in the last quarter. N.E.W. Advisory Services LLC lifted its position in Schwab US Dividend Equity ETF by 218.8% during the 4th quarter. N.E.W. Advisory Services LLC now owns 10,784 shares of the company’s stock worth $295,000 after acquiring an additional 7,401 shares during the last quarter. Heck Capital Advisors LLC bought a new stake in Schwab US Dividend Equity ETF during the fourth quarter valued at about $39,895,000. Austin Private Wealth LLC boosted its holdings in Schwab US Dividend Equity ETF by 194.0% during the fourth quarter. Austin Private Wealth LLC now owns 22,450 shares of the company’s stock valued at $613,000 after acquiring an additional 14,815 shares during the period. Finally, West Bancorporation Inc. grew its position in shares of Schwab US Dividend Equity ETF by 193.9% in the fourth quarter. West Bancorporation Inc. now owns 59,238 shares of the company’s stock valued at $1,618,000 after purchasing an additional 39,085 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $27.83 on Friday. The stock has a market capitalization of $19.52 billion, a PE ratio of 15.04 and a beta of 0.74. The stock has a 50-day simple moving average of $28.05 and a 200 day simple moving average of $27.94. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month high of $29.72.

Schwab US Dividend Equity ETF Company 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.