Tudor Financial Inc. Buys 24,319 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Tudor Financial Inc. lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.8% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 248,743 shares of the company’s stock after purchasing an additional 24,319 shares during the quarter. Schwab US Dividend Equity ETF accounts for 4.2% of Tudor Financial Inc.’s holdings, making the stock its 5th biggest holding. Tudor Financial Inc.’s holdings in Schwab US Dividend Equity ETF were worth $6,955,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of SCHD. Bank of America Corp DE lifted its position in shares of Schwab US Dividend Equity ETF by 569.6% during the 4th quarter. Bank of America Corp DE now owns 49,630,784 shares of the company’s stock worth $1,355,913,000 after buying an additional 42,218,696 shares during the last quarter. LPL Financial LLC lifted its position in shares of Schwab US Dividend Equity ETF by 214.9% during the 4th quarter. LPL Financial LLC now owns 36,314,776 shares of the company’s stock worth $992,120,000 after buying an additional 24,783,386 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $592,939,000. Avantax Advisory Services Inc. lifted its position 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 buying an additional 17,501,170 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 208.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 19,626,674 shares of the company’s stock worth $536,201,000 after buying an additional 13,264,762 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.4%

Shares of SCHD stock opened at $26.90 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The company has a market cap of $69.94 billion, a P/E ratio of 15.93 and a beta of 0.82. The business has a fifty day simple moving average of $25.95 and a 200 day simple moving average of $27.19.

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.