Flatrock Wealth Partners LLC Takes Position in Schwab US Dividend Equity ETF $SCHD

Flatrock Wealth Partners LLC acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 1st quarter, according to its most recent filing with the SEC. The fund acquired 103,500 shares of the company’s stock, valued at approximately $3,175,000. Schwab US Dividend Equity ETF accounts for about 1.4% of Flatrock Wealth Partners LLC’s investment portfolio, making the stock its 19th biggest holding.

A number of other large investors have also bought and sold shares of the business. Duncker Streett & Co. Inc. raised its holdings in Schwab US Dividend Equity ETF by 3.5% during the 1st quarter. Duncker Streett & Co. Inc. now owns 16,360 shares of the company’s stock worth $502,000 after buying an additional 557 shares during the period. Nicholas Hoffman & Company LLC. boosted its holdings in shares of Schwab US Dividend Equity ETF by 1.7% in the first quarter. Nicholas Hoffman & Company LLC. now owns 29,052 shares of the company’s stock valued at $891,000 after buying an additional 476 shares during the period. Sagace Wealth Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the first quarter worth $1,656,000. Resonant Capital Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 7.2% during the first quarter. Resonant Capital Advisors LLC now owns 15,569 shares of the company’s stock worth $478,000 after acquiring an additional 1,041 shares in the last quarter. Finally, Clare Market Investments LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the first quarter worth $537,000.

Schwab US Dividend Equity ETF Trading Up 0.9%

SCHD opened at $32.54 on Wednesday. The stock has a market capitalization of $98.32 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12 month low of $26.21 and a 12 month high of $32.92. The firm’s fifty day simple moving average is $32.11 and its 200 day simple moving average is $30.81.

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.