L. Roy Papp & Associates LLP Has $439,000 Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

L. Roy Papp & Associates LLP increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 194.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 16,086 shares of the company’s stock after buying an additional 10,615 shares during the quarter. L. Roy Papp & Associates LLP’s holdings in Schwab US Dividend Equity ETF were worth $439,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHD. Ridgeline Wealth Planning LLC acquired a new position in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $479,000. Leavell Investment Management Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 195.3% in the fourth quarter. Leavell Investment Management Inc. now owns 532,642 shares of the company’s stock worth $14,552,000 after purchasing an additional 352,281 shares in the last quarter. Harbor Advisory Corp MA boosted its holdings in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Harbor Advisory Corp MA now owns 10,227 shares of the company’s stock worth $279,000 after purchasing an additional 6,818 shares during the last quarter. Gradient Capital Advisors LLC grew its position in Schwab US Dividend Equity ETF by 200.6% in the fourth quarter. Gradient Capital Advisors LLC now owns 130,147 shares of the company’s stock valued at $3,556,000 after purchasing an additional 86,847 shares in the last quarter. Finally, Quent Capital LLC grew its position in Schwab US Dividend Equity ETF by 401.2% in the fourth quarter. Quent Capital LLC now owns 2,591 shares of the company’s stock valued at $71,000 after purchasing an additional 2,074 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $27.87 on Wednesday. The company’s 50-day moving average price is $27.81 and its two-hundred day moving average price is $27.99. Schwab US Dividend Equity ETF has a one year low of $25.16 and a one year high of $29.72. The stock has a market capitalization of $19.55 billion, a PE ratio of 15.04 and a beta of 0.74.

Schwab US Dividend Equity ETF Company 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.