Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Position Lifted by FC Advisory LLC

FC Advisory LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,192 shares of the company’s stock after purchasing an additional 13,513 shares during the quarter. FC Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $552,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SCHD. LPL Financial LLC lifted 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 period. Commonwealth Equity Services LLC increased its position in shares of 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 purchasing an additional 297,674 shares during the period. Orgel Wealth Management LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 1.7% in the third quarter. Orgel Wealth Management LLC now owns 4,257,335 shares of the company’s stock valued at $359,873,000 after buying an additional 70,852 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in Schwab US Dividend Equity ETF by 2.9% during the third 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 during the period. Finally, Keystone Financial Planning Inc. lifted its holdings in 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 acquiring an additional 94,765 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.3 %

Shares of NYSEARCA SCHD traded up $0.07 during midday trading on Tuesday, reaching $27.34. The company’s stock had a trading volume of 7,230,695 shares, compared to its average volume of 14,498,348. Schwab US Dividend Equity ETF has a one year low of $24.97 and a one year high of $29.72. The company has a market cap of $19.18 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The company has a 50 day moving average price of $28.36 and a 200 day moving average price of $27.74.

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.