Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Rice Partnership LLC

Rice Partnership LLC increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 154.0% during the 4th quarter, HoldingsChannel reports. The firm owned 12,179 shares of the company’s stock after acquiring an additional 7,384 shares during the period. Rice Partnership LLC’s holdings in Schwab US Dividend Equity ETF were worth $333,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in SCHD. Lazari Capital Management Inc. raised its stake in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Lazari Capital Management Inc. now owns 7,500 shares of the company’s stock valued at $205,000 after acquiring an additional 5,000 shares in the last quarter. Resonant Capital Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 295.1% during the 4th quarter. Resonant Capital Advisors LLC now owns 10,534 shares of the company’s stock valued at $288,000 after purchasing an additional 7,868 shares during the period. Lederer & Associates Investment Counsel CA increased its position in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Lederer & Associates Investment Counsel CA now owns 25,452 shares of the company’s stock valued at $695,000 after purchasing an additional 16,968 shares during the period. Financial Partners Group Inc increased its position in shares of Schwab US Dividend Equity ETF by 4,536.1% during the 4th quarter. Financial Partners Group Inc now owns 222,948 shares of the company’s stock valued at $6,091,000 after purchasing an additional 218,139 shares during the period. Finally, Panoramic Investment Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 186.9% during the 4th quarter. Panoramic Investment Advisors LLC now owns 161,629 shares of the company’s stock valued at $4,416,000 after purchasing an additional 105,284 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $27.83 on Monday. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 year high of $29.72. The stock has a market cap of $19.52 billion, a PE ratio of 15.04 and a beta of 0.74. The business’s fifty day moving average is $28.02 and its 200-day moving average is $27.96.

About Schwab US Dividend Equity ETF

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.