Prospect Financial Services LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 310.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 57,733 shares of the company’s stock after acquiring an additional 43,659 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 0.9% of Prospect Financial Services LLC’s portfolio, making the stock its 28th biggest position. Prospect Financial Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,577,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Kennebec Savings Bank acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $31,000. Legacy Investment Solutions LLC purchased a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $34,000. Barrett & Company Inc. acquired a new position in Schwab US Dividend Equity ETF during the third quarter valued at $34,000. Cassady Schiller Wealth Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $38,000. Finally, Quent Capital LLC boosted its position in Schwab US Dividend Equity ETF by 86.6% in the 3rd quarter. Quent Capital LLC now owns 517 shares of the company’s stock worth $44,000 after purchasing an additional 240 shares in the last quarter.
Schwab US Dividend Equity ETF Stock Performance
SCHD stock opened at $28.45 on Tuesday. Schwab US Dividend Equity ETF has a one year low of $25.16 and a one year high of $29.72. The firm has a market cap of $19.96 billion, a PE ratio of 15.04 and a beta of 0.74. The firm’s fifty day moving average is $28.10 and its 200 day moving average is $27.92.
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.
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