Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Robbins Farley

Robbins Farley boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 198.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 285,170 shares of the company’s stock after buying an additional 189,637 shares during the quarter. Schwab US Dividend Equity ETF makes up about 3.7% of Robbins Farley’s portfolio, making the stock its 2nd biggest position. Robbins Farley’s holdings in Schwab US Dividend Equity ETF were worth $7,791,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Sumitomo Life Insurance Co. grew its holdings in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after acquiring an additional 17,880,000 shares in the last quarter. Orgel Wealth Management LLC boosted its position in Schwab US Dividend Equity ETF by 159.8% during the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock valued at $302,220,000 after purchasing an additional 6,804,908 shares during the last quarter. Keystone Financial Planning Inc. grew its stake in Schwab US Dividend Equity ETF by 188.6% in the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after purchasing an additional 3,506,729 shares in the last quarter. HHM Wealth Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 207.3% during the 4th quarter. HHM Wealth Advisors LLC now owns 4,872,578 shares of the company’s stock worth $133,119,000 after purchasing an additional 3,286,917 shares during the last quarter. Finally, LVW Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF by 203.4% during the 4th quarter. LVW Advisors LLC now owns 3,597,636 shares of the company’s stock worth $98,287,000 after purchasing an additional 2,412,003 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.4 %

NYSEARCA:SCHD opened at $27.72 on Tuesday. The stock has a market capitalization of $19.45 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1-year low of $25.16 and a 1-year high of $29.72. The firm has a fifty day simple moving average of $28.02 and a 200 day simple moving average of $27.96.

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.