Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Royal Capital Wealth Management LLC

Royal Capital Wealth Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 47,506 shares of the company’s stock after acquiring an additional 31,699 shares during the period. Schwab US Dividend Equity ETF makes up about 0.9% of Royal Capital Wealth Management LLC’s portfolio, making the stock its 24th largest holding. Royal Capital Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,298,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Ritter Daniher Financial Advisory LLC DE lifted its position in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock valued at $27,000 after acquiring an additional 650 shares in the last quarter. PFG Private Wealth Management LLC raised its stake in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after purchasing an additional 686 shares during the last quarter. Olistico Wealth LLC lifted its holdings in Schwab US Dividend Equity ETF by 202.2% in the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after purchasing an additional 748 shares in the last quarter. Morton Brown Family Wealth LLC boosted its stake in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Morton Brown Family Wealth LLC now owns 1,152 shares of the company’s stock worth $31,000 after purchasing an additional 768 shares during the last quarter. Finally, Moisand Fitzgerald Tamayo LLC boosted its stake in Schwab US Dividend Equity ETF by 294.3% during the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after purchasing an additional 777 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.4%

Shares of NYSEARCA SCHD opened at $26.48 on Wednesday. The firm has a 50-day simple moving average of $26.29 and a 200-day simple moving average of $27.50. The stock has a market capitalization of $68.85 billion, a price-to-earnings ratio of 15.01 and a beta of 0.82. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.72.

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.