Retirement Financial Solutions LLC Buys 170,638 Shares of Schwab US Dividend Equity ETF $SCHD

Retirement Financial Solutions LLC boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 53.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 487,419 shares of the company’s stock after buying an additional 170,638 shares during the period. Schwab US Dividend Equity ETF makes up about 3.9% of Retirement Financial Solutions LLC’s investment portfolio, making the stock its 12th largest holding. Retirement Financial Solutions LLC’s holdings in Schwab US Dividend Equity ETF were worth $13,370,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Mountain Hill Investment Partners Corp. boosted its stake in Schwab US Dividend Equity ETF by 1,241.8% during the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after purchasing an additional 832 shares during the last quarter. Merrithew & Thorsten Inc purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at $25,000. Field & Main Bank purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at $29,000. Dynamic Wealth Strategies LLC purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at $29,000. Finally, Triumph Capital Management purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at $33,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $32.82 on Monday. The business’s fifty day simple moving average is $31.68 and its two-hundred day simple moving average is $30.26. Schwab US Dividend Equity ETF has a 12 month low of $26.16 and a 12 month high of $32.92. The company has a market cap of $93.17 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67.

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.