Stokes Family Office LLC Raises Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Stokes Family Office LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2,497.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 97,438 shares of the company’s stock after purchasing an additional 93,687 shares during the quarter. Stokes Family Office LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,662,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in SCHD. Sumitomo Life Insurance Co. lifted its stake in shares of 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 purchasing an additional 17,880,000 shares during the last quarter. Avantax Advisory Services Inc. increased 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 worth $710,419,000 after purchasing an additional 17,501,170 shares during the period. Raymond James Financial Inc. purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth about $592,939,000. Wealthspire Advisors LLC increased its holdings in Schwab US Dividend Equity ETF by 195.8% during the 4th 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 during the period. Finally, Commonwealth Equity Services LLC increased its holdings in Schwab US Dividend Equity ETF by 206.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 13,130,560 shares of the company’s stock worth $358,727,000 after purchasing an additional 8,848,668 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $27.92 on Wednesday. The stock’s 50-day moving average is $27.91 and its two-hundred day moving average is $28.13. Schwab US Dividend Equity ETF has a 1-year low of $25.18 and a 1-year high of $29.72. The company has a market cap of $69.24 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86.

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.