Schwab US Dividend Equity ETF $SCHD Shares Acquired by Precedent Wealth Partners LLC

Precedent Wealth Partners LLC boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 81.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 108,018 shares of the company’s stock after buying an additional 48,627 shares during the quarter. Precedent Wealth Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,514,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Byrne Asset Management LLC acquired a new position in Schwab US Dividend Equity ETF during the second quarter worth about $26,000. DiNuzzo Private Wealth Inc. bought a new position in shares of Schwab US Dividend Equity ETF in the second quarter worth about $27,000. Ashton Thomas Securities LLC bought a new position in shares of Schwab US Dividend Equity ETF in the first quarter worth about $32,000. Signature Resources Capital Management LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 53.8% in the 1st quarter. Signature Resources Capital Management LLC now owns 1,430 shares of the company’s stock valued at $44,000 after purchasing an additional 500 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $72,000.

Schwab US Dividend Equity ETF Trading Up 2.1%

Shares of Schwab US Dividend Equity ETF stock opened at $35.40 on Friday. The firm has a market capitalization of $118.71 billion, a PE ratio of 14.57 and a beta of 0.68. The firm’s 50 day moving average is $34.05 and its 200 day moving average is $32.88. Schwab US Dividend Equity ETF has a 1 year low of $26.32 and a 1 year high of $35.45.

Schwab US Dividend Equity ETF 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.