Haverford Trust Co Purchases 11,255 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Haverford Trust Co grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 188.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,216 shares of the company’s stock after purchasing an additional 11,255 shares during the period. Haverford Trust Co’s holdings in Schwab US Dividend Equity ETF were worth $470,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in SCHD. LPL Financial LLC raised 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 valued at $992,120,000 after purchasing an additional 24,783,386 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter worth $592,939,000. Sumitomo Life Insurance Co. raised its position 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 valued at $732,722,000 after buying an additional 17,880,000 shares in the last quarter. Avantax Advisory Services Inc. lifted its holdings in shares of 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 worth $710,419,000 after acquiring an additional 17,501,170 shares during the last quarter. Finally, Wealthspire Advisors LLC grew its position in Schwab US Dividend Equity ETF by 195.8% in the fourth quarter. Wealthspire Advisors LLC now owns 15,144,112 shares of the company’s stock worth $413,737,000 after acquiring an additional 10,024,156 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.9 %

NYSEARCA SCHD opened at $27.84 on Wednesday. The stock’s 50-day simple moving average is $27.98 and its two-hundred day simple moving average is $28.14. Schwab US Dividend Equity ETF has a twelve month low of $25.18 and a twelve month high of $29.72. The company has a market capitalization of $69.04 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86.

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.