Synergy Financial Group LTD Increases Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Synergy Financial Group LTD boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 189.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,633 shares of the company’s stock after purchasing an additional 4,998 shares during the period. Synergy Financial Group LTD’s holdings in Schwab US Dividend Equity ETF were worth $209,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of SCHD. Kennebec Savings Bank acquired a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth about $31,000. Legacy Investment Solutions LLC acquired a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $34,000. Barrett & Company Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $34,000. Cassady Schiller Wealth Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth $38,000. Finally, 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 purchasing an additional 391 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $28.26 on Tuesday. Schwab US Dividend Equity ETF has a 1 year low of $25.18 and a 1 year high of $29.72. The company has a market capitalization of $69.24 billion, a PE ratio of 17.48 and a beta of 0.88. The company has a fifty day moving average of $27.69 and a 200 day moving average of $28.05.

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.