Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Position Increased by W Advisors LLC

W Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 246.3% in the fourth quarter, HoldingsChannel reports. The firm owned 30,657 shares of the company’s stock after acquiring an additional 21,803 shares during the period. W Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $838,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. LPL Financial LLC grew its position in Schwab US Dividend Equity ETF by 3.1% in the 3rd quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock valued at $974,748,000 after buying an additional 350,872 shares in the last quarter. Orgel Wealth Management LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 159.8% in the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock valued at $302,220,000 after acquiring an additional 6,804,908 shares in the last quarter. Keystone Financial Planning Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 188.6% during the fourth 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 raised its holdings in Schwab US Dividend Equity ETF by 7.5% during the third quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock worth $361,948,000 after purchasing an additional 297,674 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in Schwab US Dividend Equity ETF by 2.9% in 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 Stock Performance

Shares of SCHD stock opened at $28.45 on Tuesday. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 year high of $29.72. The business’s fifty day moving average is $28.10 and its 200-day moving average is $27.92. The stock has a market cap of $19.96 billion, a PE ratio of 15.04 and a beta of 0.74.

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.