Brighton Jones LLC Has $2.24 Million Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Brighton Jones LLC boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,423 shares of the company’s stock after purchasing an additional 1,998 shares during the period. Brighton Jones LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,240,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC increased its holdings in Schwab US Dividend Equity ETF by 4.7% in the 3rd quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock worth $797,645,000 after purchasing an additional 503,970 shares in the last quarter. Avantax Advisory Services Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 3.7% in the third quarter. Avantax Advisory Services Inc. now owns 7,458,984 shares of the company’s stock valued at $527,798,000 after buying an additional 266,516 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 2.6% in the third quarter. Envestnet Asset Management Inc. now owns 5,778,626 shares of the company’s stock valued at $408,896,000 after buying an additional 145,168 shares during the period. Raymond James Financial Services Advisors Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 1.9% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 5,188,556 shares of the company’s stock valued at $367,142,000 after buying an additional 96,234 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in shares of Schwab US Dividend Equity ETF by 2.2% in the third quarter. JPMorgan Chase & Co. now owns 4,349,008 shares of the company’s stock valued at $307,736,000 after buying an additional 95,086 shares during the period.

Schwab US Dividend Equity ETF Trading Down 1.3 %

Shares of SCHD stock opened at $76.94 on Wednesday. The stock has a market cap of $53.82 billion, a price-to-earnings ratio of 14.82 and a beta of 0.77. The stock has a 50-day moving average of $78.32 and a 200-day moving average of $75.35. Schwab US Dividend Equity ETF has a 1-year low of $66.67 and a 1-year high of $80.82.

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.