Sigma Planning Corp boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 4.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 869,867 shares of the company’s stock after buying an additional 36,626 shares during the quarter. Schwab US Dividend Equity ETF accounts for 0.7% of Sigma Planning Corp’s investment portfolio, making the stock its 14th largest position. Sigma Planning Corp’s holdings in Schwab US Dividend Equity ETF were worth $26,688,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Elmwood Wealth Management Inc. purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth about $1,003,000. Bell Bank boosted its stake in shares of Schwab US Dividend Equity ETF by 53.3% in the 4th 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 during the period. BIP Wealth LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter worth about $1,589,000. Aspire Capital Advisors LLC grew its position in shares of Schwab US Dividend Equity ETF by 2.9% during the fourth quarter. Aspire Capital Advisors LLC now owns 1,063,961 shares of the company’s stock worth $29,184,000 after buying an additional 30,146 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its stake in shares of Schwab US Dividend Equity ETF by 18.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 523,834 shares of the company’s stock worth $14,369,000 after buying an additional 82,981 shares during the period.
Schwab US Dividend Equity ETF Stock Performance
SCHD stock opened at $32.20 on Wednesday. The company’s 50 day moving average price is $32.19 and its 200 day moving average price is $30.97. The firm has a market capitalization of $97.99 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a fifty-two week low of $26.21 and a fifty-two week high of $32.92.
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.
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