RDA Financial Network Buys 35,507 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

RDA Financial Network grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 217.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 51,818 shares of the company’s stock after purchasing an additional 35,507 shares during the period. RDA Financial Network’s holdings in Schwab US Dividend Equity ETF were worth $1,416,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in Schwab US Dividend Equity ETF by 7.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after purchasing an additional 104,855 shares during the period. GAMMA Investing LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock valued at $266,000 after buying an additional 6,502 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at about $163,000. Synovus Financial Corp increased its position in shares of Schwab US Dividend Equity ETF by 148.1% during the third quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock worth $3,594,000 after acquiring an additional 25,380 shares in the last quarter. Finally, Anchor Investment Management LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 1.1% in the 3rd quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock worth $3,256,000 after acquiring an additional 428 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $27.83 on Friday. The business has a 50-day simple moving average of $28.21 and a two-hundred day simple moving average of $27.79. The company has a market capitalization of $19.52 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 52-week low of $24.97 and a 52-week high of $29.72.

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.