Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Wealthspan Partners LLC

Wealthspan Partners LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 432.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 85,308 shares of the company’s stock after acquiring an additional 69,284 shares during the period. Schwab US Dividend Equity ETF comprises 1.1% of Wealthspan Partners LLC’s investment portfolio, making the stock its 24th biggest position. Wealthspan Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,331,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SCHD. Sumitomo Life Insurance Co. lifted its position in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock worth $732,722,000 after purchasing an additional 17,880,000 shares in the last quarter. LPL Financial LLC increased its stake in Schwab US Dividend Equity ETF by 3.1% during the 3rd 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 period. Orgel Wealth Management LLC increased its stake in 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 buying an additional 6,804,908 shares during the period. Keystone Financial Planning Inc. lifted its holdings in Schwab US Dividend Equity ETF by 188.6% during the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after buying an additional 3,506,729 shares in the last quarter. Finally, HHM Wealth Advisors LLC boosted its position in Schwab US Dividend Equity ETF by 207.3% in the 4th quarter. HHM Wealth Advisors LLC now owns 4,872,578 shares of the company’s stock valued at $133,119,000 after buying an additional 3,286,917 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.5 %

Schwab US Dividend Equity ETF stock opened at $27.83 on Monday. The firm has a market capitalization of $19.52 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month high of $29.72. The stock’s fifty day simple moving average is $28.02 and its 200-day simple moving average is $27.96.

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.