White Lighthouse Investment Management Inc. increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 26.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,056,150 shares of the company’s stock after acquiring an additional 220,759 shares during the period. Schwab US Dividend Equity ETF accounts for about 4.1% of White Lighthouse Investment Management Inc.’s holdings, making the stock its 5th biggest holding. White Lighthouse Investment Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $34,357,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. grew its stake in Schwab US Dividend Equity ETF by 2.1% in the second quarter. Envestnet Asset Management Inc. now owns 17,667,059 shares of the company’s stock valued at $560,222,000 after purchasing an additional 354,983 shares in the last quarter. Cassaday & Co Wealth Management LLC increased its position in shares of Schwab US Dividend Equity ETF by 3.5% during the 1st quarter. Cassaday & Co Wealth Management LLC now owns 9,569,026 shares of the company’s stock worth $293,578,000 after purchasing an additional 324,778 shares during the last quarter. Royal Bank of Canada raised its stake in shares of Schwab US Dividend Equity ETF by 8.3% during the 1st quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock worth $265,563,000 after purchasing an additional 660,876 shares in the last quarter. Keystone Financial Planning Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 0.5% during the 3rd quarter. Keystone Financial Planning Inc. now owns 6,279,518 shares of the company’s stock worth $204,273,000 after purchasing an additional 29,169 shares in the last quarter. Finally, HHM Wealth Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF by 2.8% during the 1st quarter. HHM Wealth Advisors LLC now owns 5,156,506 shares of the company’s stock worth $158,202,000 after purchasing an additional 138,225 shares in the last quarter.
Schwab US Dividend Equity ETF Trading Down 0.1%
NYSEARCA SCHD opened at $34.66 on Thursday. Schwab US Dividend Equity ETF has a 12 month low of $26.32 and a 12 month high of $35.31. The stock has a 50 day moving average of $34.03 and a 200-day moving average of $32.85. The company has a market cap of $115.94 billion, a PE ratio of 14.57 and a beta of 0.68.
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.
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Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report).
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