Retirement Financial Solutions LLC Grows Position in Schwab US Dividend Equity ETF $SCHD

Retirement Financial Solutions LLC boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 53.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 487,419 shares of the company’s stock after buying an additional 170,638 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 3.9% of Retirement Financial Solutions LLC’s holdings, making the stock its 12th largest position. Retirement Financial Solutions LLC’s holdings in Schwab US Dividend Equity ETF were worth $13,370,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Mountain Hill Investment Partners Corp. lifted its position in Schwab US Dividend Equity ETF by 1,241.8% during the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after purchasing an additional 832 shares in the last quarter. Merrithew & Thorsten Inc purchased a new position in Schwab US Dividend Equity ETF during the fourth quarter valued at $25,000. Field & Main Bank purchased a new position in Schwab US Dividend Equity ETF during the fourth quarter valued at $29,000. Dynamic Wealth Strategies LLC purchased a new position in Schwab US Dividend Equity ETF during the fourth quarter valued at $29,000. Finally, Triumph Capital Management purchased a new position in Schwab US Dividend Equity ETF during the third quarter valued at $33,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $32.82 on Monday. The company has a market capitalization of $93.17 billion, a PE ratio of 14.57 and a beta of 0.67. The business’s fifty day moving average is $31.68 and its 200 day moving average is $30.26. Schwab US Dividend Equity ETF has a fifty-two week low of $26.16 and a fifty-two week high of $32.92.

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.