Tranquility Partners LLC Purchases 13,492 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Tranquility Partners LLC lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 206.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,030 shares of the company’s stock after acquiring an additional 13,492 shares during the quarter. Tranquility Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $547,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Sumitomo Life Insurance Co. increased its stake in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock worth $732,722,000 after buying an additional 17,880,000 shares during the period. LPL Financial LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 3.1% in the third quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock valued at $974,748,000 after purchasing an additional 350,872 shares during the period. Orgel Wealth Management LLC grew its stake in 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 worth $302,220,000 after purchasing an additional 6,804,908 shares in the last quarter. Keystone Financial Planning Inc. increased 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 purchasing an additional 3,506,729 shares during the period. Finally, HHM Wealth Advisors LLC raised its position in Schwab US Dividend Equity ETF by 207.3% during the 4th quarter. HHM Wealth Advisors LLC now owns 4,872,578 shares of the company’s stock valued at $133,119,000 after purchasing an additional 3,286,917 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.8 %

SCHD opened at $27.65 on Thursday. The company has a market capitalization of $19.40 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12-month low of $25.16 and a 12-month high of $29.72. The business’s fifty day simple moving average is $27.79 and its 200-day simple moving average is $28.00.

About Schwab US Dividend Equity ETF

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.