Flatrock Wealth Partners LLC bought a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 103,500 shares of the company’s stock, valued at approximately $3,175,000. Schwab US Dividend Equity ETF accounts for approximately 1.4% of Flatrock Wealth Partners LLC’s holdings, making the stock its 19th biggest holding.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Duncker Streett & Co. Inc. raised its position in shares of Schwab US Dividend Equity ETF by 3.5% in the 1st quarter. Duncker Streett & Co. Inc. now owns 16,360 shares of the company’s stock valued at $502,000 after acquiring an additional 557 shares during the period. Nicholas Hoffman & Company LLC. grew its holdings in Schwab US Dividend Equity ETF by 1.7% during the first quarter. Nicholas Hoffman & Company LLC. now owns 29,052 shares of the company’s stock valued at $891,000 after purchasing an additional 476 shares during the period. Sagace Wealth Management LLC bought a new stake in Schwab US Dividend Equity ETF in the first quarter valued at approximately $1,656,000. Resonant Capital Advisors LLC increased its stake in Schwab US Dividend Equity ETF by 7.2% in the first quarter. Resonant Capital Advisors LLC now owns 15,569 shares of the company’s stock valued at $478,000 after purchasing an additional 1,041 shares in the last quarter. Finally, Clare Market Investments LLC acquired a new stake in Schwab US Dividend Equity ETF in the first quarter worth $537,000.
Schwab US Dividend Equity ETF Stock Up 0.9%
Shares of NYSEARCA SCHD opened at $32.54 on Wednesday. The company’s fifty day moving average is $32.11 and its 200-day moving average is $30.81. The stock has a market cap of $98.32 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a twelve month low of $26.21 and a twelve month high of $32.92.
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.
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