Ieq Capital LLC Grows Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Ieq Capital LLC raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 432.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 71,372 shares of the company’s stock after buying an additional 57,975 shares during the period. Ieq Capital LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,950,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Sumitomo Life Insurance Co. raised its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock worth $732,722,000 after acquiring an additional 17,880,000 shares in the last quarter. Orgel Wealth Management LLC raised its position in 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 purchasing an additional 6,804,908 shares during the period. Strategic Financial Concepts LLC raised its position 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 worth $97,711,000 after purchasing an additional 3,538,664 shares during the period. Keystone Financial Planning Inc. lifted its stake in Schwab US Dividend Equity ETF by 188.6% in the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after purchasing an additional 3,506,729 shares during the last quarter. Finally, HHM Wealth Advisors LLC boosted its position in Schwab US Dividend Equity ETF by 207.3% during the fourth quarter. HHM Wealth Advisors LLC now owns 4,872,578 shares of the company’s stock valued at $133,119,000 after buying an additional 3,286,917 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.4 %

SCHD opened at $28.21 on Monday. The company has a market cap of $69.11 billion, a P/E ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a 12 month low of $25.18 and a 12 month high of $29.72. The business’s 50-day moving average price is $27.69 and its 200-day moving average price is $28.05.

About Schwab US Dividend Equity ETF

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.