Robbins Farley lessened its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 8.2% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 293,017 shares of the company’s stock after selling 26,044 shares during the quarter. Schwab US Dividend Equity ETF makes up about 4.0% of Robbins Farley’s holdings, making the stock its 2nd biggest holding. Robbins Farley’s holdings in Schwab US Dividend Equity ETF were worth $8,990,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mountain Hill Investment Partners Corp. raised 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 period. Merrithew & Thorsten Inc acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth $25,000. Field & Main Bank acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth $29,000. Dynamic Wealth Strategies LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at $29,000. Finally, Triumph Capital Management purchased a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at $33,000.
Schwab US Dividend Equity ETF Price Performance
Shares of SCHD opened at $31.89 on Tuesday. The business’s 50-day moving average is $31.85 and its 200-day moving average is $30.46. The company has a market capitalization of $90.53 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a fifty-two week low of $26.16 and a fifty-two week high of $32.92.
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.
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