Raub Brock Capital Management LP Has $269,000 Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Raub Brock Capital Management LP increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,831 shares of the company’s stock after purchasing an additional 6,584 shares during the period. Raub Brock Capital Management LP’s holdings in Schwab US Dividend Equity ETF were worth $269,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kennebec Savings Bank bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at $31,000. Legacy Investment Solutions LLC bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $34,000. Barrett & Company Inc. acquired a new position in Schwab US Dividend Equity ETF in the third quarter valued at about $34,000. Cassady Schiller Wealth Management LLC bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth about $38,000. Finally, Quent Capital LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 86.6% during the third quarter. Quent Capital LLC now owns 517 shares of the company’s stock worth $44,000 after buying an additional 240 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $27.99 on Friday. The company has a market cap of $19.63 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The stock has a fifty day moving average price of $28.19 and a two-hundred day moving average price of $27.82. Schwab US Dividend Equity ETF has a 52-week low of $25.03 and a 52-week high of $29.72.

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.