Stratos Wealth Partners LTD. Acquires 27,812 Shares of Schwab US Dividend Equity ETF $SCHD

Stratos Wealth Partners LTD. raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,043,579 shares of the company’s stock after acquiring an additional 27,812 shares during the period. Stratos Wealth Partners LTD.’s holdings in Schwab US Dividend Equity ETF were worth $28,625,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of SCHD. Biltmore Family Office LLC grew its position in Schwab US Dividend Equity ETF by 116.4% during the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after acquiring an additional 524 shares during the last quarter. Triumph Capital Management purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $33,000. KERR FINANCIAL PLANNING Corp bought a new stake in Schwab US Dividend Equity ETF in the third quarter valued at approximately $35,000. Reyes Financial Architecture Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 1,903.1% during the third quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock valued at $36,000 after purchasing an additional 1,237 shares during the period. Finally, Turning Point Benefit Group Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $36,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $30.56 on Friday. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $31.95. The company’s 50 day moving average price is $30.90 and its 200-day moving average price is $28.65. The stock has a market capitalization of $84.52 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

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.