Compass Financial Services Inc Makes New $46,000 Investment in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Compass Financial Services Inc acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,690 shares of the company’s stock, valued at approximately $46,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Newbridge Financial Services Group Inc. bought a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $315,000. Kestra Private Wealth Services LLC grew its position in Schwab US Dividend Equity ETF by 183.7% in the fourth quarter. Kestra Private Wealth Services LLC now owns 593,444 shares of the company’s stock valued at $16,213,000 after acquiring an additional 384,261 shares during the period. Moser Wealth Advisors LLC raised its stake in Schwab US Dividend Equity ETF by 299.5% during the fourth quarter. Moser Wealth Advisors LLC now owns 38,644 shares of the company’s stock worth $1,056,000 after acquiring an additional 28,971 shares in the last quarter. Stephens Inc. AR lifted its holdings in shares of Schwab US Dividend Equity ETF by 252.4% during the fourth quarter. Stephens Inc. AR now owns 924,282 shares of the company’s stock valued at $25,251,000 after acquiring an additional 661,996 shares during the period. Finally, Stockman Wealth Management Inc. increased its position in shares of Schwab US Dividend Equity ETF by 249.0% during the 4th quarter. Stockman Wealth Management Inc. now owns 17,971 shares of the company’s stock worth $491,000 after purchasing an additional 12,821 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.7 %

NYSEARCA:SCHD opened at $27.56 on Friday. The firm has a market cap of $19.33 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72. The company’s 50-day moving average price is $27.85 and its two-hundred day moving average price is $27.97.

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.