Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by TD Capital Management LLC

TD Capital Management LLC boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 206.1% in the 4th quarter, Holdings Channel reports. The firm owned 13,518 shares of the company’s stock after acquiring an additional 9,102 shares during the quarter. TD Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $369,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Sumitomo Life Insurance Co. increased its stake in shares of Schwab US Dividend Equity ETF by 200.0% in 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 last quarter. Wealthspire Advisors LLC increased its stake in shares of Schwab US Dividend Equity ETF by 195.8% in the 4th quarter. Wealthspire Advisors LLC now owns 15,144,112 shares of the company’s stock worth $413,737,000 after acquiring an additional 10,024,156 shares during the last quarter. LPL Financial LLC increased its stake in shares of Schwab US Dividend Equity ETF by 3.1% in the 3rd quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock worth $974,748,000 after acquiring an additional 350,872 shares during the last quarter. Orgel Wealth Management LLC increased its stake in shares of Schwab US Dividend Equity ETF by 159.8% in the 4th quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock worth $302,220,000 after acquiring an additional 6,804,908 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC increased its stake in shares of Schwab US Dividend Equity ETF by 210.2% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 5,755,912 shares of the company’s stock worth $157,252,000 after acquiring an additional 3,900,238 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.3 %

Shares of SCHD opened at $28.54 on Friday. 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 $69.92 billion, a PE ratio of 17.48 and a beta of 0.88. The stock has a fifty day simple moving average of $27.78 and a two-hundred day simple moving average of $28.09.

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.