True Link Financial Advisors LLC Acquires 1,057,006 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

True Link Financial Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 206.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,568,525 shares of the company’s stock after acquiring an additional 1,057,006 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 3.6% of True Link Financial Advisors LLC’s holdings, making the stock its 8th biggest holding. True Link Financial Advisors LLC owned 0.22% of Schwab US Dividend Equity ETF worth $42,852,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Edgestream Partners L.P. increased its stake in shares of Schwab US Dividend Equity ETF by 148.3% in the second quarter. Edgestream Partners L.P. now owns 9,110 shares of the company’s stock valued at $708,000 after purchasing an additional 5,441 shares during the period. Vanguard Personalized Indexing Management LLC increased its stake in shares of Schwab US Dividend Equity ETF by 6.3% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 6,593 shares of the company’s stock valued at $513,000 after purchasing an additional 392 shares during the period. AE Wealth Management LLC increased its stake in shares of Schwab US Dividend Equity ETF by 3.8% in the second quarter. AE Wealth Management LLC now owns 96,893 shares of the company’s stock valued at $7,534,000 after purchasing an additional 3,574 shares during the period. Bridgewealth Advisory Group LLC increased its stake in shares of Schwab US Dividend Equity ETF by 11.8% in the second quarter. Bridgewealth Advisory Group LLC now owns 113,955 shares of the company’s stock valued at $8,861,000 after purchasing an additional 12,001 shares during the period. Finally, Goepper Burkhardt LLC increased its stake in shares of Schwab US Dividend Equity ETF by 1.7% in the second quarter. Goepper Burkhardt LLC now owns 125,345 shares of the company’s stock valued at $9,747,000 after purchasing an additional 2,110 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.6 %

Shares of NYSEARCA:SCHD opened at $27.99 on Monday. The firm’s 50 day moving average is $28.19 and its two-hundred day moving average is $27.84. The firm has a market capitalization of $19.63 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 52 week low of $25.03 and a 52 week high of $29.72.

About Schwab US Dividend Equity ETF

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.