Navalign LLC Increases Stake in Schwab US Dividend Equity ETF $SCHD

Navalign LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 290,702 shares of the company’s stock after buying an additional 18,127 shares during the period. Schwab US Dividend Equity ETF comprises 2.0% of Navalign LLC’s investment portfolio, making the stock its 14th largest holding. Navalign LLC’s holdings in Schwab US Dividend Equity ETF were worth $7,974,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Rakuten Investment Management Inc. purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $1,127,144,000. Sumitomo Life Insurance Co. purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $847,665,000. Avantax Planning Partners Inc. increased its stake in Schwab US Dividend Equity ETF by 3.0% during the 3rd quarter. Avantax Planning Partners Inc. now owns 9,739,675 shares of the company’s stock worth $265,893,000 after buying an additional 280,277 shares during the period. Cassaday & Co Wealth Management LLC increased its stake in Schwab US Dividend Equity ETF by 52.2% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock worth $253,570,000 after buying an additional 3,170,728 shares during the period. Finally, MML Investors Services LLC increased its stake in Schwab US Dividend Equity ETF by 3.2% during the 2nd quarter. MML Investors Services LLC now owns 6,058,642 shares of the company’s stock worth $160,554,000 after buying an additional 185,649 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.0%

NYSEARCA SCHD opened at $31.75 on Thursday. Schwab US Dividend Equity ETF has a 52 week low of $25.69 and a 52 week high of $32.13. The stock has a market capitalization of $90.13 billion, a PE ratio of 14.57 and a beta of 0.68. The firm has a 50 day moving average of $31.00 and a two-hundred day moving average of $29.41.

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.