Pure Financial Advisors LLC Purchases 8,277 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Pure Financial Advisors LLC grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 142.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,093 shares of the company’s stock after acquiring an additional 8,277 shares during the period. Pure Financial Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $385,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. LPL Financial LLC increased its position in Schwab US Dividend Equity ETF by 3.1% during the third quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock worth $974,748,000 after buying an additional 350,872 shares during the last quarter. Orgel Wealth Management LLC increased its holdings 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 worth $302,220,000 after acquiring an additional 6,804,908 shares during the last quarter. Keystone Financial Planning Inc. raised its stake in Schwab US Dividend Equity ETF by 188.6% in the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after acquiring an additional 3,506,729 shares during the period. Commonwealth Equity Services LLC lifted its holdings in Schwab US Dividend Equity ETF by 7.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock valued at $361,948,000 after purchasing an additional 297,674 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in Schwab US Dividend Equity ETF by 2.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock worth $306,788,000 after purchasing an additional 101,637 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $28.22 on Wednesday. The company’s 50-day moving average is $28.16 and its 200-day moving average is $27.85. The firm has a market capitalization of $19.80 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72.

Schwab US Dividend Equity ETF 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.