Concord Wealth Partners Increases Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Concord Wealth Partners grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 187.2% in the fourth quarter, HoldingsChannel reports. The firm owned 165,512 shares of the company’s stock after buying an additional 107,876 shares during the quarter. Concord Wealth Partners’ holdings in Schwab US Dividend Equity ETF were worth $4,522,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in SCHD. Concord Asset Management LLC VA raised its holdings in shares of Schwab US Dividend Equity ETF by 265.7% during the 4th quarter. Concord Asset Management LLC VA now owns 111,322 shares of the company’s stock worth $3,041,000 after acquiring an additional 80,885 shares in the last quarter. Chicago Partners Investment Group LLC raised its stake in Schwab US Dividend Equity ETF by 691.1% during the fourth quarter. Chicago Partners Investment Group LLC now owns 624,391 shares of the company’s stock valued at $17,058,000 after purchasing an additional 545,465 shares in the last quarter. RHS Financial LLC grew its stake in shares of Schwab US Dividend Equity ETF by 186.7% in the 4th quarter. RHS Financial LLC now owns 58,937 shares of the company’s stock worth $1,610,000 after buying an additional 38,378 shares in the last quarter. Clear Creek Financial Management LLC raised its position in shares of Schwab US Dividend Equity ETF by 190.7% during the 4th quarter. Clear Creek Financial Management LLC now owns 37,095 shares of the company’s stock valued at $1,013,000 after buying an additional 24,334 shares in the last quarter. Finally, N.E.W. Advisory Services LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 218.8% in the 4th quarter. N.E.W. Advisory Services LLC now owns 10,784 shares of the company’s stock valued at $295,000 after acquiring an additional 7,401 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $27.83 on Friday. Schwab US Dividend Equity ETF has a 1-year low of $25.16 and a 1-year high of $29.72. The business’s 50 day moving average is $28.05 and its two-hundred day moving average is $27.94. The stock has a market capitalization of $19.52 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.