Nwam LLC Grows Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Nwam LLC boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 215.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 223,971 shares of the company’s stock after purchasing an additional 152,873 shares during the quarter. Nwam LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,119,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Sumitomo Life Insurance Co. lifted its position 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 purchasing an additional 17,880,000 shares in the last quarter. Wealthspire Advisors LLC lifted its position in shares of Schwab US Dividend Equity ETF by 195.8% during the fourth quarter. Wealthspire Advisors LLC now owns 15,144,112 shares of the company’s stock worth $413,737,000 after purchasing an additional 10,024,156 shares in the last quarter. Orgel Wealth Management LLC lifted its position in shares of Schwab US Dividend Equity ETF by 159.8% during the fourth 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 in the last quarter. Cassaday & Co Wealth Management LLC lifted its position in shares of Schwab US Dividend Equity ETF by 210.2% during the fourth 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 in the last quarter. Finally, Strategic Financial Concepts LLC lifted its position in shares of Schwab US Dividend Equity ETF by 9,346.2% during the fourth 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 in the last quarter.

Schwab US Dividend Equity ETF Trading Down 1.1 %

NYSEARCA SCHD opened at $28.15 on Thursday. The company’s fifty day simple moving average is $27.73 and its 200-day simple moving average is $28.08. Schwab US Dividend Equity ETF has a 52 week low of $25.18 and a 52 week high of $29.72. The stock has a market cap of $68.97 billion, a P/E ratio of 17.48 and a beta of 0.88.

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.