BlueStem Wealth Partners LLC Invests $1.85 Million in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

BlueStem Wealth Partners LLC purchased a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 67,774 shares of the company’s stock, valued at approximately $1,852,000.

Other hedge funds have also modified their holdings of the company. Central Pacific Bank Trust Division increased its position in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after buying an additional 604 shares during the last quarter. Hoese & Co LLP acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter worth $26,000. Moisand Fitzgerald Tamayo LLC increased its position in Schwab US Dividend Equity ETF by 294.3% during the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after buying an additional 777 shares during the last quarter. IFS Advisors LLC increased its position in Schwab US Dividend Equity ETF by 184.4% during the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after buying an additional 699 shares during the last quarter. Finally, Kennebec Savings Bank acquired a new position in Schwab US Dividend Equity ETF during the third quarter worth $31,000.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $28.54 on Friday. The company has a market capitalization of $69.92 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72. The company’s fifty day moving average price is $27.78 and its two-hundred day moving average price is $28.10.

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.