Legacy Private Trust Co. Has $5.81 Million Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Legacy Private Trust Co. increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 196.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 212,492 shares of the company’s stock after buying an additional 140,705 shares during the period. Legacy Private Trust Co.’s holdings in Schwab US Dividend Equity ETF were worth $5,805,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. LPL Financial LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 3.1% during the 3rd quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock valued at $974,748,000 after purchasing an additional 350,872 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in Schwab US Dividend Equity ETF by 7.5% during the third quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock valued at $361,948,000 after buying an additional 297,674 shares in the last quarter. Orgel Wealth Management LLC lifted its position in shares of Schwab US Dividend Equity ETF by 1.7% in the third quarter. Orgel Wealth Management LLC now owns 4,257,335 shares of the company’s stock worth $359,873,000 after buying an additional 70,852 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 2.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock worth $306,788,000 after acquiring an additional 101,637 shares in the last quarter. Finally, Keystone Financial Planning Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 5.4% during the 3rd quarter. Keystone Financial Planning Inc. now owns 1,858,898 shares of the company’s stock valued at $157,133,000 after acquiring an additional 94,765 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD traded up $0.06 on Wednesday, hitting $27.32. The company had a trading volume of 13,658,773 shares, compared to its average volume of 16,271,401. Schwab US Dividend Equity ETF has a 1-year low of $24.97 and a 1-year high of $29.72. The company’s fifty day moving average price is $28.35 and its 200 day moving average price is $27.75. The stock has a market cap of $19.16 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.