Teamwork Financial Advisors LLC Buys 37,279 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Teamwork Financial Advisors LLC increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 177.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,339 shares of the company’s stock after purchasing an additional 37,279 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,594,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Colorado Capital Management Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 1.1% during the third quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock valued at $980,000 after acquiring an additional 121 shares during the period. Brick & Kyle Associates grew its position in shares of Schwab US Dividend Equity ETF by 2.9% during the 2nd quarter. Brick & Kyle Associates now owns 4,551 shares of the company’s stock worth $354,000 after buying an additional 130 shares during the period. Ascent Group LLC raised its stake in shares of Schwab US Dividend Equity ETF by 1.2% during the second quarter. Ascent Group LLC now owns 12,091 shares of the company’s stock worth $940,000 after buying an additional 145 shares during the last quarter. Sunflower Bank N.A. lifted its holdings in Schwab US Dividend Equity ETF by 4.2% in the third quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock valued at $384,000 after buying an additional 185 shares during the period. Finally, Sound Income Strategies LLC boosted its stake in Schwab US Dividend Equity ETF by 12.5% in the third quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock valued at $145,000 after acquiring an additional 191 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 1.1 %

NYSEARCA SCHD opened at $27.92 on Thursday. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72. The stock has a 50-day simple moving average of $28.15 and a 200 day simple moving average of $27.87. The company has a market capitalization of $19.59 billion, a PE ratio of 15.04 and a beta of 0.74.

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.