Sage Investment Advisers LLC Grows Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Sage Investment Advisers LLC increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 33.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,436 shares of the company’s stock after buying an additional 2,612 shares during the period. Sage Investment Advisers LLC’s holdings in Schwab US Dividend Equity ETF were worth $794,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. LPL Financial LLC increased its stake in Schwab US Dividend Equity ETF by 4.7% in the third quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock valued at $797,645,000 after acquiring an additional 503,970 shares during the last quarter. Charles Schwab Investment Advisory Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 0.5% during the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 9,680,868 shares of the company’s stock valued at $737,004,000 after buying an additional 45,013 shares in the last quarter. Avantax Advisory Services Inc. lifted its position in Schwab US Dividend Equity ETF by 3.7% in the 3rd quarter. Avantax Advisory Services Inc. now owns 7,458,984 shares of the company’s stock worth $527,798,000 after buying an additional 266,516 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in 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 worth $408,896,000 after buying an additional 145,168 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of Schwab US Dividend Equity ETF by 2.2% during the third quarter. JPMorgan Chase & Co. now owns 4,349,008 shares of the company’s stock worth $307,736,000 after acquiring an additional 95,086 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.3 %

Shares of SCHD stock traded up $0.26 during mid-day trading on Wednesday, reaching $78.51. The stock had a trading volume of 2,048,897 shares, compared to its average volume of 3,545,922. The stock’s 50-day moving average price is $78.33 and its two-hundred day moving average price is $75.61. Schwab US Dividend Equity ETF has a 52-week low of $66.67 and a 52-week high of $80.82. The firm has a market capitalization of $54.92 billion, a PE ratio of 14.82 and a beta of 0.77.

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.