Quantinno Capital Management LP lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 39.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 258,702 shares of the company’s stock after purchasing an additional 73,222 shares during the quarter. Quantinno Capital Management LP’s holdings in Schwab US Dividend Equity ETF were worth $7,937,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of the business. Wells Fargo & Company MN grew its position in Schwab US Dividend Equity ETF by 5.7% in the fourth quarter. Wells Fargo & Company MN now owns 10,203,553 shares of the company’s stock worth $279,883,000 after acquiring an additional 552,907 shares in the last quarter. Avantax Planning Partners Inc. raised its position in Schwab US Dividend Equity ETF by 3.8% during the fourth quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock valued at $277,214,000 after purchasing an additional 366,548 shares during the period. Cassaday & Co Wealth Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 3.5% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 9,569,026 shares of the company’s stock valued at $293,578,000 after purchasing an additional 324,778 shares during the last quarter. Royal Bank of Canada boosted its holdings in shares of Schwab US Dividend Equity ETF by 4.0% in the 4th quarter. Royal Bank of Canada now owns 7,995,065 shares of the company’s stock worth $219,304,000 after purchasing an additional 304,047 shares during the period. Finally, Cibc World Market Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 31.8% in the 4th quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock worth $192,634,000 after purchasing an additional 1,694,144 shares during the period.
Schwab US Dividend Equity ETF Stock Performance
Shares of NYSEARCA SCHD opened at $33.85 on Wednesday. Schwab US Dividend Equity ETF has a fifty-two week low of $26.32 and a fifty-two week high of $34.24. The company has a market cap of $105.17 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67. The business’s 50 day moving average price is $32.55 and its 200-day moving average price is $31.52.
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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