WoodTrust Financial Corp bought a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) during the fourth quarter, Holdings Channel.com reports. The firm bought 8,472 shares of the company’s stock, valued at approximately $231,000.
Several other large investors have also modified their holdings of SCHD. Sumitomo Life Insurance Co. lifted its position in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after buying an additional 17,880,000 shares during the last quarter. Wealthspire Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF by 195.8% in the 4th quarter. Wealthspire Advisors LLC now owns 15,144,112 shares of the company’s stock valued at $413,737,000 after acquiring an additional 10,024,156 shares during the period. Orgel Wealth Management LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 159.8% in the 4th quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock worth $302,220,000 after acquiring an additional 6,804,908 shares during the last quarter. Cassaday & Co Wealth Management LLC boosted its position in shares of Schwab US Dividend Equity ETF by 210.2% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 5,755,912 shares of the company’s stock worth $157,252,000 after purchasing an additional 3,900,238 shares during the period. Finally, Strategic Financial Concepts LLC increased its holdings in Schwab US Dividend Equity ETF by 9,346.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 3,576,526 shares of the company’s stock valued at $97,711,000 after purchasing an additional 3,538,664 shares during the last quarter.
Schwab US Dividend Equity ETF Stock Down 1.7 %
Shares of NYSEARCA SCHD opened at $27.92 on Wednesday. The business’s 50 day moving average is $27.81 and its two-hundred day moving average is $28.12. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week high of $29.72. The firm has a market cap of $68.40 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88.
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.
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