RDA Financial Network Acquires 18,750 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

RDA Financial Network boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 36.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 70,568 shares of the company’s stock after purchasing an additional 18,750 shares during the period. RDA Financial Network’s holdings in Schwab US Dividend Equity ETF were worth $1,973,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Ritter Daniher Financial Advisory LLC DE lifted its position in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock worth $27,000 after buying an additional 650 shares during the period. PFG Private Wealth Management LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after acquiring an additional 686 shares during the period. Moisand Fitzgerald Tamayo LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 294.3% during the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock valued at $28,000 after acquiring an additional 777 shares during the period. Mountain Hill Investment Partners Corp. bought a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at $29,000. Finally, Morton Brown Family Wealth LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Morton Brown Family Wealth LLC now owns 1,152 shares of the company’s stock valued at $31,000 after acquiring an additional 768 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $26.54 on Friday. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.72. The stock has a market cap of $69.00 billion, a PE ratio of 15.93 and a beta of 0.82. The business has a fifty day moving average of $25.85 and a two-hundred day moving average of $27.26.

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.