EWG Elevate Inc. Purchases Shares of 340,952 Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

EWG Elevate Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the fourth quarter, Holdings Channel reports. The fund acquired 340,952 shares of the company’s stock, valued at approximately $9,315,000. Schwab US Dividend Equity ETF makes up about 2.8% of EWG Elevate Inc.’s investment portfolio, making the stock its 8th biggest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. LPL Financial LLC raised its stake in shares of Schwab US Dividend Equity ETF by 3.1% during the third quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock valued at $974,748,000 after acquiring an additional 350,872 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in Schwab US Dividend Equity ETF by 7.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock valued at $361,948,000 after acquiring an additional 297,674 shares in the last quarter. Orgel Wealth Management LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 1.7% during the 3rd quarter. Orgel Wealth Management LLC now owns 4,257,335 shares of the company’s stock worth $359,873,000 after acquiring an additional 70,852 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of Schwab US Dividend Equity ETF by 2.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock worth $306,788,000 after acquiring an additional 101,637 shares in the last quarter. Finally, Keystone Financial Planning Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 5.4% in the 3rd quarter. Keystone Financial Planning Inc. now owns 1,858,898 shares of the company’s stock valued at $157,133,000 after purchasing an additional 94,765 shares during the period.

Schwab US Dividend Equity ETF Stock Down 1.1 %

Shares of SCHD stock opened at $27.01 on Monday. The business’s fifty day moving average is $28.29 and its 200 day moving average is $27.77. The stock has a market cap of $18.95 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a twelve month low of $24.97 and a twelve month high of $29.72.

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.