Financial Engines Advisors L.L.C. Purchases 29,643 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Financial Engines Advisors L.L.C. lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 328.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 38,659 shares of the company’s stock after acquiring an additional 29,643 shares during the quarter. Financial Engines Advisors L.L.C.’s holdings in Schwab US Dividend Equity ETF were worth $1,056,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. LPL Financial LLC lifted its stake in Schwab US Dividend Equity ETF by 214.9% in the fourth quarter. LPL Financial LLC now owns 36,314,776 shares of the company’s stock worth $992,120,000 after purchasing an additional 24,783,386 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth approximately $592,939,000. Sumitomo Life Insurance Co. lifted its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th 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 during the last quarter. Avantax Advisory Services Inc. boosted its holdings in Schwab US Dividend Equity ETF by 205.8% during the 4th quarter. Avantax Advisory Services Inc. now owns 26,003,626 shares of the company’s stock valued at $710,419,000 after acquiring an additional 17,501,170 shares during the period. Finally, Wealthspire Advisors LLC grew its position in 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 last quarter.

Schwab US Dividend Equity ETF Trading Down 0.1 %

NYSEARCA:SCHD opened at $27.80 on Thursday. The company has a market cap of $68.94 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a twelve month low of $25.18 and a twelve month high of $29.72. The stock has a fifty day simple moving average of $27.98 and a 200-day simple moving average of $28.13.

Schwab US Dividend Equity ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Wednesday, March 26th will be issued a dividend of $0.2488 per share. The ex-dividend date is Wednesday, March 26th.

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.