Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is Leo Wealth LLC’s 10th Largest Position

Leo Wealth LLC increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 240.8% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 794,672 shares of the company’s stock after buying an additional 561,508 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 1.9% of Leo Wealth LLC’s portfolio, making the stock its 10th largest holding. Leo Wealth LLC owned approximately 0.11% of Schwab US Dividend Equity ETF worth $21,714,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Sumitomo Life Insurance Co. increased its holdings in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock worth $732,722,000 after buying an additional 17,880,000 shares during the last quarter. LPL Financial LLC increased its stake in Schwab US Dividend Equity ETF by 3.1% in the third quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock valued at $974,748,000 after acquiring an additional 350,872 shares during the last quarter. Orgel Wealth Management LLC raised its position in Schwab US Dividend Equity ETF by 159.8% during the fourth 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. lifted its stake in Schwab US Dividend Equity ETF by 188.6% during the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after purchasing an additional 3,506,729 shares during the last quarter. Finally, HHM Wealth Advisors LLC lifted its stake in Schwab US Dividend Equity ETF by 207.3% during the fourth quarter. HHM Wealth Advisors LLC now owns 4,872,578 shares of the company’s stock worth $133,119,000 after purchasing an additional 3,286,917 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.7 %

Shares of Schwab US Dividend Equity ETF stock opened at $27.75 on Friday. The firm has a market capitalization of $19.47 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72. The business’s 50-day moving average price is $27.92 and its 200-day moving average price is $27.97.

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.