Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Family Investment Center Inc.

Family Investment Center Inc. boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 201.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 242,663 shares of the company’s stock after acquiring an additional 162,117 shares during the quarter. Schwab US Dividend Equity ETF accounts for 1.7% of Family Investment Center Inc.’s portfolio, making the stock its 19th largest position. Family Investment Center Inc.’s holdings in Schwab US Dividend Equity ETF were worth $6,630,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Sumitomo Life Insurance Co. increased its position in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after acquiring an additional 17,880,000 shares during the period. LPL Financial LLC increased its position in Schwab US Dividend Equity ETF by 3.1% in the 3rd quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock valued at $974,748,000 after acquiring an additional 350,872 shares during the period. Orgel Wealth Management LLC increased 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 valued at $302,220,000 after acquiring an additional 6,804,908 shares during the period. Keystone Financial Planning Inc. increased its position in Schwab US Dividend Equity ETF by 188.6% in the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after acquiring an additional 3,506,729 shares during the period. Finally, HHM Wealth Advisors LLC boosted its stake in Schwab US Dividend Equity ETF by 207.3% during the 4th quarter. HHM Wealth Advisors LLC now owns 4,872,578 shares of the company’s stock valued at $133,119,000 after purchasing an additional 3,286,917 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $27.83 on Monday. The stock has a fifty day moving average price of $28.02 and a two-hundred day moving average price of $27.96. The firm has a market cap of $19.52 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 year high of $29.72.

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.