Janney Montgomery Scott LLC boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 7.1% in the first quarter, according to its most recent filing with the SEC. The firm owned 1,406,718 shares of the company’s stock after acquiring an additional 93,150 shares during the period. Janney Montgomery Scott LLC’s holdings in Schwab US Dividend Equity ETF were worth $43,158,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Elmwood Wealth Management Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $1,003,000. Bell Bank lifted its stake in Schwab US Dividend Equity ETF by 53.3% in the fourth quarter. Bell Bank now owns 104,155 shares of the company’s stock valued at $2,857,000 after buying an additional 36,212 shares in the last quarter. Aspire Capital Advisors LLC lifted its position in Schwab US Dividend Equity ETF by 2.9% in the 4th quarter. Aspire Capital Advisors LLC now owns 1,063,961 shares of the company’s stock valued at $29,184,000 after acquiring an additional 30,146 shares in the last quarter. BIP Wealth LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at about $1,589,000. Finally, Rockefeller Capital Management L.P. raised its position in Schwab US Dividend Equity ETF by 18.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 523,834 shares of the company’s stock valued at $14,369,000 after buying an additional 82,981 shares during the last quarter.
Schwab US Dividend Equity ETF Stock Performance
NYSEARCA SCHD opened at $32.09 on Monday. The stock’s 50 day moving average price is $31.96 and its two-hundred day moving average price is $30.58. The stock has a market capitalization of $91.09 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 52 week low of $26.21 and a 52 week high of $32.92.
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.
Further Reading
- Five stocks we like better than Schwab US Dividend Equity ETF
- As Stablecoins Keep Growing, These 2 Stocks Benefit
- Apple Just Handed These 4 Memory Stocks Their Best News of the Year
- Costco’s Secret Growth Engine May Be Running Out of Gas
- Why Alphabet’s Pullback May Be an Opportunity in Disguise
Receive News & Ratings for Schwab US Dividend Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Dividend Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
