Root Financial Partners LLC Acquires 22,322 Shares of Schwab US Dividend Equity ETF $SCHD

Root Financial Partners LLC boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 37.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 81,924 shares of the company’s stock after purchasing an additional 22,322 shares during the quarter. Root Financial Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,513,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Prospect Financial Services LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 12.3% in the 1st quarter. Prospect Financial Services LLC now owns 45,206 shares of the company’s stock valued at $1,387,000 after acquiring an additional 4,957 shares during the last quarter. Bellevue Asset Management LLC increased its stake in Schwab US Dividend Equity ETF by 8.8% during the first quarter. Bellevue Asset Management LLC now owns 34,839 shares of the company’s stock worth $1,069,000 after acquiring an additional 2,831 shares during the last quarter. Essex Financial Services Inc. raised its position in Schwab US Dividend Equity ETF by 40.7% during the first quarter. Essex Financial Services Inc. now owns 77,299 shares of the company’s stock valued at $2,372,000 after purchasing an additional 22,364 shares during the period. Barnes Pettey Financial Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 9.1% in the 1st quarter. Barnes Pettey Financial Advisors LLC now owns 175,262 shares of the company’s stock valued at $5,377,000 after purchasing an additional 14,633 shares during the last quarter. Finally, Merited Wealth LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 6.2% in the 1st quarter. Merited Wealth LLC now owns 23,241 shares of the company’s stock worth $713,000 after purchasing an additional 1,353 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $31.85 on Thursday. The company has a market cap of $95.84 billion, a P/E ratio of 14.57 and a beta of 0.68. The business’s 50 day moving average price is $32.01 and its 200-day moving average price is $30.67. Schwab US Dividend Equity ETF has a fifty-two week low of $26.21 and a fifty-two week 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.