Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Position Boosted by US Bancorp DE

US Bancorp DE boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 186.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 144,287 shares of the company’s stock after buying an additional 93,921 shares during the period. US Bancorp DE’s holdings in Schwab US Dividend Equity ETF were worth $3,942,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SCHD. Sumitomo Life Insurance Co. grew its position in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after buying an additional 17,880,000 shares in the last quarter. Wealthspire Advisors LLC boosted its position in shares of Schwab US Dividend Equity ETF by 195.8% during the 4th quarter. Wealthspire Advisors LLC now owns 15,144,112 shares of the company’s stock valued at $413,737,000 after purchasing an additional 10,024,156 shares in the last quarter. Orgel Wealth Management LLC boosted its position in shares of Schwab US Dividend Equity ETF by 159.8% during the 4th quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock valued at $302,220,000 after purchasing an additional 6,804,908 shares in the last quarter. Cassaday & Co Wealth Management LLC boosted its position in shares of Schwab US Dividend Equity ETF by 210.2% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 5,755,912 shares of the company’s stock valued at $157,252,000 after purchasing an additional 3,900,238 shares in the last quarter. Finally, Strategic Financial Concepts LLC boosted its position in shares of Schwab US Dividend Equity ETF by 9,346.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 3,576,526 shares of the company’s stock valued at $97,711,000 after purchasing an additional 3,538,664 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.5 %

NYSEARCA:SCHD opened at $28.05 on Thursday. Schwab US Dividend Equity ETF has a twelve month low of $25.18 and a twelve month high of $29.72. The company has a 50-day moving average of $27.82 and a 200-day moving average of $28.12. The firm has a market cap of $68.72 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88.

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.