Equitable Trust Co. Acquires Shares of 1,052,897 Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Equitable Trust Co. acquired a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,052,897 shares of the company’s stock, valued at approximately $28,765,000. Schwab US Dividend Equity ETF accounts for about 1.6% of Equitable Trust Co.’s holdings, making the stock its 11th biggest position. Equitable Trust Co. owned about 0.15% of Schwab US Dividend Equity ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SCHD. Sumitomo Life Insurance Co. increased its holdings 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. LPL Financial LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 3.1% during 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 in the last quarter. Orgel Wealth Management LLC increased its holdings in shares of 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 acquiring an additional 6,804,908 shares in the last quarter. Keystone Financial Planning Inc. increased its holdings in shares of 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 valued at $146,589,000 after acquiring an additional 3,506,729 shares in the last quarter. Finally, HHM Wealth Advisors LLC increased its holdings in shares of 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 valued at $133,119,000 after acquiring an additional 3,286,917 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $27.56 on Monday. Schwab US Dividend Equity ETF has a 1-year low of $25.16 and a 1-year high of $29.72. The business has a fifty day moving average price of $27.85 and a 200-day moving average price of $27.98. The company has a market capitalization of $19.33 billion, a PE ratio of 15.04 and a beta of 0.74.

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.