Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Coastwise Capital Group LLC

Coastwise Capital Group LLC increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 187.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 341,665 shares of the company’s stock after buying an additional 222,674 shares during the quarter. Schwab US Dividend Equity ETF comprises 7.5% of Coastwise Capital Group LLC’s portfolio, making the stock its largest position. Coastwise Capital Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $9,334,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of SCHD. Sumitomo Life Insurance Co. grew its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after acquiring an additional 17,880,000 shares in the last quarter. Orgel Wealth Management LLC grew its stake in Schwab US Dividend Equity ETF by 159.8% during the 4th quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock valued at $302,220,000 after purchasing an additional 6,804,908 shares in the last quarter. Keystone Financial Planning Inc. grew its stake in Schwab US Dividend Equity ETF by 188.6% during the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after purchasing an additional 3,506,729 shares in the last quarter. LVW Advisors LLC grew its stake in Schwab US Dividend Equity ETF by 203.4% during the 4th quarter. LVW Advisors LLC now owns 3,597,636 shares of the company’s stock valued at $98,287,000 after purchasing an additional 2,412,003 shares in the last quarter. Finally, Fifth Third Bancorp grew its position in shares of Schwab US Dividend Equity ETF by 192.7% during the fourth quarter. Fifth Third Bancorp now owns 3,038,718 shares of the company’s stock worth $83,018,000 after buying an additional 2,000,527 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.1 %

SCHD stock opened at $27.98 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month high of $29.72. The company has a market capitalization of $19.63 billion, a P/E ratio of 15.04 and a beta of 0.74. The firm has a 50 day simple moving average of $28.07 and a 200-day simple moving average of $27.94.

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.