BlueStem Wealth Partners LLC Makes New $1.85 Million Investment in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

BlueStem Wealth Partners LLC acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 67,774 shares of the company’s stock, valued at approximately $1,852,000.

Several other hedge funds also recently modified their holdings of SCHD. First Trust Direct Indexing L.P. increased its holdings in shares of Schwab US Dividend Equity ETF by 21.0% during the third quarter. First Trust Direct Indexing L.P. now owns 10,073 shares of the company’s stock worth $851,000 after buying an additional 1,745 shares in the last quarter. JFS Wealth Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 61.1% in the third quarter. JFS Wealth Advisors LLC now owns 1,548 shares of the company’s stock valued at $131,000 after purchasing an additional 587 shares in the last quarter. Gladstone Institutional Advisory LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 29.9% in the third quarter. Gladstone Institutional Advisory LLC now owns 39,099 shares of the company’s stock valued at $3,305,000 after purchasing an additional 8,998 shares in the last quarter. Keystone Financial Planning Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 5.4% in the third quarter. Keystone Financial Planning Inc. now owns 1,858,898 shares of the company’s stock valued at $157,133,000 after purchasing an additional 94,765 shares in the last quarter. Finally, Atlas Financial Advisors Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 24.7% in the third quarter. Atlas Financial Advisors Inc. now owns 5,451 shares of the company’s stock valued at $461,000 after purchasing an additional 1,080 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $28.54 on Friday. The firm has a market cap of $69.92 billion, a P/E ratio of 17.48 and a beta of 0.88. The firm has a 50 day simple moving average of $27.78 and a 200 day simple moving average of $28.10. Schwab US Dividend Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $29.72.

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.