RDA Financial Network Acquires 18,750 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

RDA Financial Network raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 36.2% in the 1st quarter, HoldingsChannel reports. The firm owned 70,568 shares of the company’s stock after purchasing an additional 18,750 shares during the quarter. RDA Financial Network’s holdings in Schwab US Dividend Equity ETF were worth $1,973,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Capital & Planning LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 128.2% in the fourth quarter. Capital & Planning LLC now owns 21,196 shares of the company’s stock valued at $579,000 after buying an additional 11,906 shares during the last quarter. Ironwood Wealth Management LLC. raised its stake in shares of Schwab US Dividend Equity ETF by 413.8% in the fourth quarter. Ironwood Wealth Management LLC. now owns 16,391 shares of the company’s stock worth $448,000 after acquiring an additional 13,201 shares during the last quarter. Eagle Capital Management LLC raised its stake in shares of Schwab US Dividend Equity ETF by 204.9% in the fourth quarter. Eagle Capital Management LLC now owns 862,365 shares of the company’s stock worth $23,560,000 after acquiring an additional 579,549 shares during the last quarter. Brighton Jones LLC raised its stake in shares of Schwab US Dividend Equity ETF by 404.6% in the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after acquiring an additional 84,262 shares during the last quarter. Finally, Revolve Wealth Partners LLC raised its stake in shares of Schwab US Dividend Equity ETF by 206.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after acquiring an additional 51,696 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $26.54 on Friday. The company has a 50 day moving average price of $25.85 and a 200 day moving average price of $27.26. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72. The stock has a market capitalization of $69.00 billion, a PE ratio of 15.93 and a beta of 0.82.

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.