Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is Leelyn Smith LLC’s 3rd Largest Position

Leelyn Smith LLC boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 208.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,294,466 shares of the company’s stock after acquiring an additional 875,458 shares during the period. Schwab US Dividend Equity ETF comprises about 6.3% of Leelyn Smith LLC’s portfolio, making the stock its 3rd largest position. Leelyn Smith LLC owned approximately 0.18% of Schwab US Dividend Equity ETF worth $35,365,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. Phillips Financial Management LLC lifted its holdings in Schwab US Dividend Equity ETF by 144.8% during the third quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after purchasing an additional 391 shares in the last quarter. Legacy Investment Solutions LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth about $34,000. Anchor Investment Management LLC lifted its stake in Schwab US Dividend Equity ETF by 1.1% in the 3rd quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock valued at $3,256,000 after buying an additional 428 shares in the last quarter. Stonebridge Financial Planning Group LLC boosted its holdings in Schwab US Dividend Equity ETF by 1.7% in the 3rd quarter. Stonebridge Financial Planning Group LLC now owns 25,276 shares of the company’s stock worth $2,137,000 after buying an additional 430 shares during the last quarter. Finally, Bernardo Wealth Planning LLC increased its stake in Schwab US Dividend Equity ETF by 3.8% during the 4th quarter. Bernardo Wealth Planning LLC now owns 13,546 shares of the company’s stock worth $366,000 after buying an additional 498 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $27.96 on Tuesday. The stock’s 50 day simple moving average is $27.90 and its 200-day simple moving average is $28.13. The company has a market cap of $69.34 billion, a PE ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a 1-year low of $25.18 and a 1-year high of $29.72.

Schwab US Dividend Equity ETF 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.