Wealthspire Advisors LLC Boosts Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Wealthspire Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 195.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,144,112 shares of the company’s stock after acquiring an additional 10,024,156 shares during the quarter. Schwab US Dividend Equity ETF makes up 4.1% of Wealthspire Advisors LLC’s portfolio, making the stock its 5th biggest position. Wealthspire Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $413,737,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in the stock. O ROURKE & COMPANY Inc boosted its stake in Schwab US Dividend Equity ETF by 5.7% during the 3rd quarter. O ROURKE & COMPANY Inc now owns 6,738 shares of the company’s stock valued at $570,000 after acquiring an additional 366 shares during the last quarter. Kennebec Savings Bank bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at $31,000. Galvin Gaustad & Stein LLC boosted its stake in Schwab US Dividend Equity ETF by 2.1% during the 3rd quarter. Galvin Gaustad & Stein LLC now owns 17,987 shares of the company’s stock valued at $1,520,000 after acquiring an additional 377 shares during the last quarter. Phillips Financial Management LLC boosted its stake in Schwab US Dividend Equity ETF by 144.8% during the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after acquiring an additional 391 shares during the last quarter. Finally, Carmichael Hill & Associates Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 1.9% in the 3rd quarter. Carmichael Hill & Associates Inc. now owns 21,086 shares of the company’s stock worth $1,782,000 after buying an additional 394 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $28.21 on Friday. The firm’s 50-day moving average is $27.69 and its 200-day moving average is $28.03. Schwab US Dividend Equity ETF has a 1 year low of $25.18 and a 1 year high of $29.72. The company has a market cap of $69.11 billion, a P/E ratio of 17.48 and a beta of 0.88.

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.