Redwood Financial Network Corp Boosts Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Redwood Financial Network Corp increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report) by 12.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,596 shares of the company’s stock after purchasing an additional 847 shares during the period. Redwood Financial Network Corp’s holdings in Schwab US Dividend Equity ETF were worth $537,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. O Shaughnessy Asset Management LLC raised its position in Schwab US Dividend Equity ETF by 115.2% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 353 shares of the company’s stock worth $26,000 after buying an additional 189 shares during the last quarter. NewSquare Capital LLC raised its position in Schwab US Dividend Equity ETF by 4,672.7% during the 2nd quarter. NewSquare Capital LLC now owns 525 shares of the company’s stock worth $38,000 after buying an additional 514 shares during the last quarter. BlackRock Inc. raised its position in Schwab US Dividend Equity ETF by 464.5% during the 2nd quarter. BlackRock Inc. now owns 525 shares of the company’s stock worth $38,000 after buying an additional 432 shares during the last quarter. Carmel Capital Partners LLC purchased a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $39,000. Finally, New Republic Capital LLC purchased a new position in Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $46,000.

Schwab US Dividend Equity ETF Price Performance

SCHD traded down $0.82 during trading on Monday, reaching $76.18. 1,386,529 shares of the company’s stock were exchanged, compared to its average volume of 3,910,862. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $77.66. The stock has a market capitalization of $50.14 billion, a P/E ratio of 14.38 and a beta of 0.88. The company’s fifty day simple moving average is $75.33 and its 200-day simple moving average is $73.23.

Schwab US Dividend Equity ETF Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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