Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 217.1% during the 4th quarter, HoldingsChannel reports. The firm owned 2,173,729 shares of the company’s stock after purchasing an additional 1,488,281 shares during the period. Schwab US Dividend Equity ETF comprises approximately 2.0% of Ameritas Advisory Services LLC’s holdings, making the stock its 6th largest holding. Ameritas Advisory Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $59,386,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of SCHD. HB Wealth Management LLC raised its holdings in Schwab US Dividend Equity ETF by 198.9% during the 4th quarter. HB Wealth Management LLC now owns 1,437,279 shares of the company’s stock worth $39,266,000 after buying an additional 956,456 shares during the period. Trust Co. of Vermont raised its holdings in shares of Schwab US Dividend Equity ETF by 217.2% during the fourth quarter. Trust Co. of Vermont now owns 9,192 shares of the company’s stock worth $251,000 after acquiring an additional 6,294 shares during the period. CGN Advisors LLC lifted its position in Schwab US Dividend Equity ETF by 169.8% in the 4th quarter. CGN Advisors LLC now owns 26,690 shares of the company’s stock valued at $729,000 after acquiring an additional 16,797 shares in the last quarter. Sanibel Captiva Trust Company Inc. boosted its stake in Schwab US Dividend Equity ETF by 295.0% in the 4th quarter. Sanibel Captiva Trust Company Inc. now owns 22,449 shares of the company’s stock worth $613,000 after purchasing an additional 16,766 shares during the period. Finally, Howard Financial Services LTD. increased its holdings in Schwab US Dividend Equity ETF by 207.6% during the 4th quarter. Howard Financial Services LTD. now owns 2,021,759 shares of the company’s stock worth $55,234,000 after purchasing an additional 1,364,511 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $27.99 on Friday. The firm has a market cap of $19.63 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The stock’s 50-day moving average is $28.19 and its 200-day moving average is $27.82. Schwab US Dividend Equity ETF has a one year low of $25.03 and a one year high of $29.72.

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.