Revolve Wealth Partners LLC Boosts Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Revolve Wealth Partners LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 206.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 76,685 shares of the company’s stock after purchasing an additional 51,696 shares during the period. Revolve Wealth Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,095,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHD. W Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 246.3% during the fourth quarter. W Advisors LLC now owns 30,657 shares of the company’s stock worth $838,000 after acquiring an additional 21,803 shares during the period. Pacific Capital Wealth Advisors Inc. grew its stake in Schwab US Dividend Equity ETF by 268.4% during the 4th quarter. Pacific Capital Wealth Advisors Inc. now owns 537,976 shares of the company’s stock worth $14,697,000 after purchasing an additional 391,963 shares in the last quarter. YHB Investment Advisors Inc. increased its holdings in Schwab US Dividend Equity ETF by 201.5% during the 4th quarter. YHB Investment Advisors Inc. now owns 345,864 shares of the company’s stock worth $9,449,000 after purchasing an additional 231,137 shares during the period. Warner Financial Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 363.2% in the 4th quarter. Warner Financial Inc. now owns 121,551 shares of the company’s stock valued at $3,321,000 after buying an additional 95,309 shares during the period. Finally, Joseph P. Lucia & Associates LLC grew its position in shares of Schwab US Dividend Equity ETF by 207.3% during the fourth quarter. Joseph P. Lucia & Associates LLC now owns 158,976 shares of the company’s stock worth $4,343,000 after buying an additional 107,246 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $28.45 on Tuesday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72. The company’s 50 day moving average price is $28.10 and its 200 day moving average price is $27.92. The firm has a market capitalization of $19.96 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

Schwab US Dividend Equity ETF 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.