Schwab US Dividend Equity ETF $SCHD Stake Lifted by Focus Partners Wealth

Focus Partners Wealth increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,568,181 shares of the company’s stock after buying an additional 45,000 shares during the quarter. Focus Partners Wealth owned about 0.06% of Schwab US Dividend Equity ETF worth $42,994,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Sumitomo Life Insurance Co. bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth $847,665,000. Wells Fargo & Company MN grew its stake in Schwab US Dividend Equity ETF by 5.7% during the 4th quarter. Wells Fargo & Company MN now owns 10,203,553 shares of the company’s stock worth $279,883,000 after buying an additional 552,907 shares during the last quarter. Avantax Planning Partners Inc. grew its stake in Schwab US Dividend Equity ETF by 3.8% during the 4th quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock worth $277,214,000 after buying an additional 366,548 shares during the last quarter. Cassaday & Co Wealth Management LLC grew 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 last quarter. Finally, Cibc World Market Inc. grew its stake in Schwab US Dividend Equity ETF by 31.8% during the 4th quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock worth $192,634,000 after buying an additional 1,694,144 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $32.63 on Tuesday. The company has a market cap of $92.63 billion, a P/E ratio of 14.57 and a beta of 0.67. The stock has a fifty day moving average price of $31.72 and a 200 day moving average price of $30.30. Schwab US Dividend Equity ETF has a 12 month low of $26.16 and a 12 month high of $32.92.

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.