Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Position Lifted by Matrix Trust Co

Matrix Trust Co increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 8.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 216,357 shares of the company’s stock after buying an additional 17,162 shares during the quarter. Schwab US Dividend Equity ETF comprises about 3.9% of Matrix Trust Co’s investment portfolio, making the stock its 8th biggest position. Matrix Trust Co’s holdings in Schwab US Dividend Equity ETF were worth $16,471,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in SCHD. National Bank of Canada FI raised its position in shares of Schwab US Dividend Equity ETF by 78.8% in the 3rd quarter. National Bank of Canada FI now owns 1,427 shares of the company’s stock worth $100,000 after buying an additional 629 shares during the period. Patriot Financial Group Insurance Agency LLC raised its position in Schwab US Dividend Equity ETF by 11.0% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 13,157 shares of the company’s stock valued at $931,000 after purchasing an additional 1,301 shares during the period. Oak Harbor Wealth Partners LLC raised its position in Schwab US Dividend Equity ETF by 2.6% in the third quarter. Oak Harbor Wealth Partners LLC now owns 90,375 shares of the company’s stock valued at $6,395,000 after purchasing an additional 2,275 shares during the period. Ropes Wealth Advisors LLC raised its position in Schwab US Dividend Equity ETF by 51.0% in the third quarter. Ropes Wealth Advisors LLC now owns 6,104 shares of the company’s stock valued at $432,000 after purchasing an additional 2,061 shares during the period. Finally, ACT Advisors LLC. raised its position in Schwab US Dividend Equity ETF by 13.5% in the third quarter. ACT Advisors LLC. now owns 8,349 shares of the company’s stock valued at $591,000 after purchasing an additional 992 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.1 %

NYSEARCA:SCHD traded down $0.08 during mid-day trading on Friday, hitting $77.48. The company had a trading volume of 2,394,771 shares, compared to its average volume of 3,622,651. The business has a fifty day simple moving average of $78.31 and a 200-day simple moving average of $75.19. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $80.82. The firm has a market capitalization of $54.20 billion, a price-to-earnings ratio of 14.82 and a beta of 0.77.

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.