Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Lyell Wealth Management LP

Lyell Wealth Management LP raised its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 173.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 26,027 shares of the company’s stock after purchasing an additional 16,517 shares during the quarter. Lyell Wealth Management LP’s holdings in Schwab US Dividend Equity ETF were worth $711,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of SCHD. Sumitomo Life Insurance Co. raised its position in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock worth $732,722,000 after purchasing an additional 17,880,000 shares during the period. Orgel Wealth Management LLC raised its position in shares of 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 worth $302,220,000 after purchasing an additional 6,804,908 shares during the period. Strategic Financial Concepts LLC raised its position in shares of Schwab US Dividend Equity ETF by 9,346.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 3,576,526 shares of the company’s stock worth $97,711,000 after purchasing an additional 3,538,664 shares during the period. Keystone Financial Planning Inc. raised its position in shares of 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 worth $146,589,000 after purchasing an additional 3,506,729 shares during the period. Finally, HHM Wealth Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF by 207.3% during the 4th 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 period.

Schwab US Dividend Equity ETF Trading Up 0.7 %

Shares of Schwab US Dividend Equity ETF stock opened at $27.99 on Wednesday. The business’s 50 day simple moving average is $27.70 and its 200-day simple moving average is $28.01. The stock has a market capitalization of $68.58 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a twelve month low of $25.18 and a twelve month high of $29.72.

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.