Newman Dignan & Sheerar Inc. Raises Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Newman Dignan & Sheerar Inc. grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 805,876 shares of the company’s stock after acquiring an additional 21,425 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 5.6% of Newman Dignan & Sheerar Inc.’s investment portfolio, making the stock its 2nd biggest holding. Newman Dignan & Sheerar Inc.’s holdings in Schwab US Dividend Equity ETF were worth $22,017,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of SCHD. Sumitomo Life Insurance Co. grew its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth 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 in the last quarter. LPL Financial LLC grew its stake 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 acquiring an additional 350,872 shares in the last quarter. Orgel Wealth Management LLC grew its stake in shares of 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 valued at $302,220,000 after acquiring an additional 6,804,908 shares in the last quarter. Keystone Financial Planning Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 188.6% in the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after acquiring an additional 3,506,729 shares in the last quarter. Finally, HHM Wealth Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF by 207.3% in the fourth quarter. HHM Wealth Advisors LLC now owns 4,872,578 shares of the company’s stock valued at $133,119,000 after acquiring an additional 3,286,917 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $27.79 on Friday. The company’s 50-day simple moving average is $27.74 and its 200 day simple moving average is $27.99. Schwab US Dividend Equity ETF has a 52 week low of $25.18 and a 52 week high of $29.72. The company has a market capitalization of $19.49 billion, a PE ratio of 15.04 and a beta of 0.74.

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.