Schwab US Dividend Equity ETF $SCHD Shares Bought by SouthState Bank Corp

SouthState Bank Corp raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,662 shares of the company’s stock after acquiring an additional 31,152 shares during the period. SouthState Bank Corp’s holdings in Schwab US Dividend Equity ETF were worth $1,280,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Sumitomo Life Insurance Co. acquired a new position in Schwab US Dividend Equity ETF in the third quarter valued at approximately $847,665,000. Avantax Planning Partners Inc. boosted its stake in Schwab US Dividend Equity ETF by 3.8% in the fourth quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock valued at $277,214,000 after acquiring an additional 366,548 shares during the period. Cassaday & Co Wealth Management LLC boosted its stake in Schwab US Dividend Equity ETF by 52.2% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock valued at $253,570,000 after acquiring an additional 3,170,728 shares during the period. Cibc World Market Inc. boosted its stake in Schwab US Dividend Equity ETF by 31.8% in the fourth quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock valued at $192,634,000 after acquiring an additional 1,694,144 shares during the period. Finally, MML Investors Services LLC boosted its stake in Schwab US Dividend Equity ETF by 3.2% in the second quarter. MML Investors Services LLC now owns 6,058,642 shares of the company’s stock valued at $160,554,000 after acquiring an additional 185,649 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $32.30 on Monday. The business has a 50 day moving average of $31.49 and a two-hundred day moving average of $30.07. Schwab US Dividend Equity ETF has a 52 week low of $26.16 and a 52 week high of $32.91. The company has a market cap of $91.69 billion, a P/E ratio of 14.57 and a beta of 0.67.

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.