FourThought Financial Partners LLC Acquires 232,934 Shares of Schwab US Dividend Equity ETF $SCHD

FourThought Financial Partners LLC boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 356.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 298,361 shares of the company’s stock after buying an additional 232,934 shares during the quarter. FourThought Financial Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $8,184,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in SCHD. Rakuten Investment Management Inc. bought a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $1,127,144,000. Sumitomo Life Insurance Co. bought a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $847,665,000. Cibc World Market Inc. raised its holdings in Schwab US Dividend Equity ETF by 243.5% in the 3rd quarter. Cibc World Market Inc. now owns 5,328,615 shares of the company’s stock valued at $145,471,000 after buying an additional 3,777,339 shares during the last quarter. Cassaday & Co Wealth Management LLC raised its holdings in Schwab US Dividend Equity ETF by 52.2% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock valued at $253,570,000 after buying an additional 3,170,728 shares during the last quarter. Finally, Evergreen Advisors LLC bought a new position in Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $41,630,000.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $32.12 on Thursday. Schwab US Dividend Equity ETF has a 1 year low of $25.69 and a 1 year high of $32.19. The company has a 50 day simple moving average of $31.06 and a 200 day simple moving average of $29.59. The firm has a market cap of $91.18 billion, a PE ratio of 14.57 and a beta of 0.68.

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.