Truist Financial Corp Purchases 36,366 Shares of Schwab US Dividend Equity ETF $SCHD

Truist Financial Corp boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 3,871,578 shares of the company’s stock after acquiring an additional 36,366 shares during the quarter. Truist Financial Corp’s holdings in Schwab US Dividend Equity ETF were worth $106,197,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHD. Colorado Capital Management Inc. grew its position in Schwab US Dividend Equity ETF by 0.9% in the 4th quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock worth $1,060,000 after purchasing an additional 362 shares in the last quarter. Ellis Investment Partners LLC lifted its position in shares of Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock worth $938,000 after buying an additional 375 shares in the last quarter. Westside Investment Management Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 5.6% during the 3rd quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock worth $198,000 after buying an additional 383 shares in the last quarter. International Private Wealth Advisors LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 3.3% in the 4th quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock worth $340,000 after buying an additional 397 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 3.4% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 12,384 shares of the company’s stock valued at $339,000 after acquiring an additional 402 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 1.1%

Shares of SCHD opened at $31.52 on Tuesday. The company has a market capitalization of $89.48 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The stock has a 50 day moving average of $30.99 and a 200 day moving average of $29.18. Schwab US Dividend Equity ETF has a 12 month low of $25.50 and a 12 month high of $32.13.

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.