Blue Barn Wealth LLC Buys 305,264 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Blue Barn Wealth LLC lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 212.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 449,105 shares of the company’s stock after acquiring an additional 305,264 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 6.5% of Blue Barn Wealth LLC’s holdings, making the stock its 4th largest holding. Blue Barn Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $12,270,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of SCHD. Raymond James Financial Inc. bought a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at $592,939,000. Sumitomo Life Insurance Co. raised its position in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th 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. Wealthspire Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF by 195.8% during the 4th quarter. Wealthspire Advisors LLC now owns 15,144,112 shares of the company’s stock valued at $413,737,000 after acquiring an additional 10,024,156 shares during the last quarter. Orgel Wealth Management LLC raised its position in shares of 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 valued at $302,220,000 after acquiring an additional 6,804,908 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC raised its position in shares of Schwab US Dividend Equity ETF by 210.2% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 5,755,912 shares of the company’s stock valued at $157,252,000 after acquiring an additional 3,900,238 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $28.05 on Thursday. Schwab US Dividend Equity ETF has a 52 week low of $25.18 and a 52 week high of $29.72. The stock has a market capitalization of $68.72 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. The firm has a fifty day moving average of $27.82 and a two-hundred day moving average of $28.12.

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.