Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Tyler Stone Wealth Management

Tyler Stone Wealth Management boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2,120.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 59,746 shares of the company’s stock after buying an additional 57,055 shares during the period. Tyler Stone Wealth Management’s holdings in Schwab US Dividend Equity ETF were worth $1,632,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. LPL Financial LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 214.9% in the fourth quarter. LPL Financial LLC now owns 36,314,776 shares of the company’s stock valued at $992,120,000 after purchasing an additional 24,783,386 shares during the period. Sumitomo Life Insurance Co. lifted its holdings in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after acquiring an additional 17,880,000 shares during the last quarter. Avantax Advisory Services Inc. increased its stake in Schwab US Dividend Equity ETF by 205.8% during the fourth quarter. Avantax Advisory Services Inc. now owns 26,003,626 shares of the company’s stock worth $710,419,000 after acquiring an additional 17,501,170 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at $592,939,000. Finally, Wealthspire Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 195.8% in the 4th quarter. Wealthspire Advisors LLC now owns 15,144,112 shares of the company’s stock valued at $413,737,000 after purchasing an additional 10,024,156 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.9 %

Shares of NYSEARCA:SCHD opened at $27.84 on Wednesday. The company has a market capitalization of $69.04 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a 12-month low of $25.18 and a 12-month high of $29.72. The business has a 50-day moving average price of $27.98 and a 200 day moving average price of $28.14.

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.