Robbins Farley Acquires 105,121 Shares of Schwab US Dividend Equity ETF $SCHD

Robbins Farley increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 30.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 447,731 shares of the company’s stock after purchasing an additional 105,121 shares during the period. Schwab US Dividend Equity ETF makes up 5.3% of Robbins Farley’s holdings, making the stock its 2nd biggest position. Robbins Farley’s holdings in Schwab US Dividend Equity ETF were worth $14,565,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its holdings in Schwab US Dividend Equity ETF by 2.1% in the second quarter. Envestnet Asset Management Inc. now owns 17,667,059 shares of the company’s stock valued at $560,222,000 after purchasing an additional 354,983 shares during the last quarter. Cassaday & Co Wealth Management LLC grew its position in Schwab US Dividend Equity ETF by 3.5% during the 1st quarter. Cassaday & Co Wealth Management LLC now owns 9,569,026 shares of the company’s stock worth $293,578,000 after purchasing an additional 324,778 shares during the period. Royal Bank of Canada grew its position in Schwab US Dividend Equity ETF by 8.3% during the 1st quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock worth $265,563,000 after purchasing an additional 660,876 shares during the period. Keystone Financial Planning Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 0.5% during the 3rd quarter. Keystone Financial Planning Inc. now owns 6,279,518 shares of the company’s stock valued at $204,273,000 after buying an additional 29,169 shares during the last quarter. Finally, HHM Wealth Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF by 2.8% during the 1st quarter. HHM Wealth Advisors LLC now owns 5,156,506 shares of the company’s stock valued at $158,202,000 after buying an additional 138,225 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.3%

Shares of SCHD stock opened at $34.69 on Wednesday. The stock has a market cap of $116.04 billion, a PE ratio of 14.57 and a beta of 0.68. The business has a 50-day simple moving average of $34.02 and a 200-day simple moving average of $32.82. Schwab US Dividend Equity ETF has a 52-week low of $26.32 and a 52-week high of $35.31.

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.