Precedent Wealth Partners LLC Grows Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Precedent Wealth Partners LLC grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 130.8% in the first quarter, Holdings Channel.com reports. The institutional investor owned 52,895 shares of the company’s stock after buying an additional 29,978 shares during the quarter. Precedent Wealth Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,479,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHD. Ritter Daniher Financial Advisory LLC DE boosted its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock valued at $27,000 after purchasing an additional 650 shares in the last quarter. Opal Wealth Advisors LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at $27,000. Moisand Fitzgerald Tamayo LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 294.3% in the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock valued at $28,000 after purchasing an additional 777 shares in the last quarter. PFG Private Wealth Management LLC boosted its stake in shares of 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 in the last quarter. Finally, Mountain Hill Investment Partners Corp. purchased a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $29,000.

Schwab US Dividend Equity ETF Stock Down 0.4%

Shares of SCHD opened at $26.90 on Monday. The stock has a market capitalization of $69.94 billion, a P/E ratio of 15.93 and a beta of 0.82. The firm has a fifty day simple moving average of $25.95 and a two-hundred day simple moving average of $27.16. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72.

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.