Alpha Financial Advisors LLC Invests $290,000 in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Alpha Financial Advisors LLC bought a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,614 shares of the company’s stock, valued at approximately $290,000.

A number of other large investors have also bought and sold shares of the stock. Patton Albertson Miller Group LLC boosted its position in shares of Schwab US Dividend Equity ETF by 195.5% during the 4th quarter. Patton Albertson Miller Group LLC now owns 20,001 shares of the company’s stock worth $546,000 after purchasing an additional 13,233 shares in the last quarter. Merkkuri Wealth Advisors LLC raised its stake in Schwab US Dividend Equity ETF by 209.3% during the 4th quarter. Merkkuri Wealth Advisors LLC now owns 375,023 shares of the company’s stock worth $10,246,000 after buying an additional 253,768 shares during the period. Flagship Harbor Advisors LLC boosted its holdings in Schwab US Dividend Equity ETF by 213.0% in the fourth quarter. Flagship Harbor Advisors LLC now owns 197,642 shares of the company’s stock worth $5,400,000 after acquiring an additional 134,494 shares in the last quarter. Juncture Wealth Strategies LLC grew its stake in Schwab US Dividend Equity ETF by 224.5% in the fourth quarter. Juncture Wealth Strategies LLC now owns 354,989 shares of the company’s stock valued at $9,698,000 after acquiring an additional 245,583 shares during the period. Finally, Stewardship Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 167.2% during the fourth quarter. Stewardship Advisors LLC now owns 48,587 shares of the company’s stock valued at $1,327,000 after acquiring an additional 30,404 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.1 %

Shares of SCHD opened at $28.07 on Friday. The stock has a market cap of $19.69 billion, a P/E ratio of 15.04 and a beta of 0.74. The business’s fifty day moving average is $28.10 and its 200 day moving average is $27.90. Schwab US Dividend Equity ETF has a 12-month low of $25.16 and a 12-month high of $29.72.

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.