Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by CWS Financial Advisors LLC

CWS Financial Advisors LLC grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 249.9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 80,121 shares of the company’s stock after acquiring an additional 57,224 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 0.7% of CWS Financial Advisors LLC’s holdings, making the stock its 23rd largest position. CWS Financial Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,189,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Sumitomo Life Insurance Co. boosted its position in 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 worth $732,722,000 after acquiring an additional 17,880,000 shares during the period. Wealthspire Advisors LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 195.8% in the fourth quarter. Wealthspire Advisors LLC now owns 15,144,112 shares of the company’s stock valued at $413,737,000 after buying an additional 10,024,156 shares during the period. LPL Financial LLC lifted its holdings 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 buying an additional 350,872 shares during the period. Orgel Wealth Management LLC lifted its holdings 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 buying an additional 6,804,908 shares during the period. Finally, Cassaday & Co Wealth Management LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 210.2% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 5,755,912 shares of the company’s stock valued at $157,252,000 after buying an additional 3,900,238 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.2 %

Shares of Schwab US Dividend Equity ETF stock opened at $28.26 on Tuesday. The firm has a market cap of $69.24 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. The business has a fifty day simple moving average of $27.69 and a 200-day simple moving average of $28.05. Schwab US Dividend Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $29.72.

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.