93,928 Schwab US Dividend Equity ETF $SCHD Shares Bought by Root Financial Partners LLC

Root Financial Partners LLC grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 114.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 176,057 shares of the company’s stock after purchasing an additional 93,928 shares during the quarter. Root Financial Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,727,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Carter Financial Group INC. bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth about $226,000. Precedent Wealth Partners LLC increased its holdings in Schwab US Dividend Equity ETF by 81.9% in the third quarter. Precedent Wealth Partners LLC now owns 108,018 shares of the company’s stock valued at $3,514,000 after buying an additional 48,627 shares during the last quarter. Aire Advisors LLC bought a new stake in Schwab US Dividend Equity ETF in the third quarter valued at about $396,000. Courage Miller Partners LLC bought a new stake in Schwab US Dividend Equity ETF in the third quarter valued at about $15,188,000. Finally, Obermeyer Wealth Partners acquired a new stake in Schwab US Dividend Equity ETF during the third quarter valued at approximately $644,000.

Schwab US Dividend Equity ETF Stock Up 2.1%

Shares of NYSEARCA SCHD opened at $35.40 on Friday. The stock’s 50 day moving average price is $34.05 and its two-hundred day moving average price is $32.88. Schwab US Dividend Equity ETF has a 52-week low of $26.32 and a 52-week high of $35.45. The stock has a market capitalization of $118.71 billion, a P/E ratio of 14.57 and a beta of 0.68.

Schwab US Dividend Equity ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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