Strategic Financial Partners Ltd. Has $270,000 Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Strategic Financial Partners Ltd. lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 9,897 shares of the company’s stock after acquiring an additional 6,629 shares during the quarter. Strategic Financial Partners Ltd.’s holdings in Schwab US Dividend Equity ETF were worth $270,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Legacy Investment Solutions LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth $34,000. Cassady Schiller Wealth Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $38,000. Phillips Financial Management LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 144.8% during the third quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock worth $56,000 after acquiring an additional 391 shares in the last quarter. Hobbs Group Advisors LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $68,000. Finally, Prospera Private Wealth LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $73,000.

Schwab US Dividend Equity ETF Trading Up 1.3 %

Shares of NYSEARCA:SCHD opened at $27.64 on Friday. Schwab US Dividend Equity ETF has a 1 year low of $25.18 and a 1 year high of $29.72. The business has a fifty day simple moving average of $27.89 and a 200 day simple moving average of $28.13. The firm has a market cap of $68.55 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86.

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.