MML Investors Services LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 5.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,298,234 shares of the company’s stock after acquiring an additional 345,987 shares during the quarter. MML Investors Services LLC owned approximately 0.24% of Schwab US Dividend Equity ETF worth $172,761,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Mountain Hill Investment Partners Corp. lifted its stake in Schwab US Dividend Equity ETF by 1,241.8% in the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after acquiring an additional 832 shares during the last quarter. Merrithew & Thorsten Inc acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at $25,000. Field & Main Bank acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $29,000. Dynamic Wealth Strategies LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $29,000. Finally, Triumph Capital Management acquired a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth about $33,000.
Schwab US Dividend Equity ETF Stock Performance
NYSEARCA SCHD opened at $32.82 on Monday. The firm has a 50-day moving average of $31.68 and a 200-day moving average of $30.26. The stock has a market cap of $93.17 billion, a PE ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 52-week low of $26.16 and a 52-week high of $32.92.
Schwab US Dividend Equity ETF 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.
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