Gilpin Wealth Management LLC Makes New $1.18 Million Investment in Schwab US Dividend Equity ETF $SCHD

Gilpin Wealth Management LLC purchased a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 42,935 shares of the company’s stock, valued at approximately $1,178,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sumitomo Life Insurance Co. acquired a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $847,665,000. Avantax Planning Partners Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 3.8% during the 4th quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock valued at $277,214,000 after acquiring an additional 366,548 shares in the last quarter. Cassaday & Co Wealth Management LLC boosted its position in shares of Schwab US Dividend Equity ETF by 52.2% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock valued at $253,570,000 after acquiring an additional 3,170,728 shares in the last quarter. Cibc World Market Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 31.8% during the 4th quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock valued at $192,634,000 after acquiring an additional 1,694,144 shares in the last quarter. Finally, MML Investors Services LLC boosted its position in shares of Schwab US Dividend Equity ETF by 3.2% during the 2nd quarter. MML Investors Services LLC now owns 6,058,642 shares of the company’s stock valued at $160,554,000 after acquiring an additional 185,649 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $32.26 on Thursday. The firm’s 50-day simple moving average is $31.60 and its 200-day simple moving average is $30.19. Schwab US Dividend Equity ETF has a twelve month low of $26.16 and a twelve month high of $32.91. The firm has a market cap of $91.58 billion, a P/E ratio of 14.57 and a beta of 0.67.

Schwab US Dividend Equity ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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