Financial Partners Group LLC Has $635,000 Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Financial Partners Group LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 201.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 23,228 shares of the company’s stock after acquiring an additional 15,510 shares during the quarter. Financial Partners Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $635,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Personalized Indexing Management LLC lifted its position in shares of Schwab US Dividend Equity ETF by 6.3% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 6,593 shares of the company’s stock worth $513,000 after purchasing an additional 392 shares during the period. Squarepoint Ops LLC raised its position in shares of Schwab US Dividend Equity ETF by 16.7% in the 2nd quarter. Squarepoint Ops LLC now owns 51,222 shares of the company’s stock worth $3,983,000 after acquiring an additional 7,342 shares in the last quarter. AQR Capital Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at about $879,000. Drucker Wealth 3.0 LLC acquired a new stake in Schwab US Dividend Equity ETF during the second quarter worth approximately $271,000. Finally, Disciplined Equity Management Inc. bought a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at $117,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $28.09 on Friday. Schwab US Dividend Equity ETF has a one year low of $25.16 and a one year high of $29.72. The company has a market cap of $19.71 billion, a PE ratio of 15.04 and a beta of 0.74. The stock has a 50-day moving average of $28.13 and a 200-day moving average of $27.87.

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.