Rothschild Investment LLC Raises Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Rothschild Investment LLC boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 207.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,876 shares of the company’s stock after purchasing an additional 17,447 shares during the quarter. Rothschild Investment LLC’s holdings in Schwab US Dividend Equity ETF were worth $707,000 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. lifted its position in 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 valued at $732,722,000 after acquiring an additional 17,880,000 shares during the period. Wealthspire Advisors LLC increased its stake in shares of Schwab US Dividend Equity ETF by 195.8% during the fourth quarter. Wealthspire Advisors LLC now owns 15,144,112 shares of the company’s stock valued at $413,737,000 after purchasing an additional 10,024,156 shares in the last quarter. Orgel Wealth Management LLC lifted 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 purchasing an additional 6,804,908 shares during the last quarter. Cassaday & Co Wealth Management LLC boosted its position in shares of Schwab US Dividend Equity ETF by 210.2% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 5,755,912 shares of the company’s stock worth $157,252,000 after purchasing an additional 3,900,238 shares in the last quarter. Finally, Strategic Financial Concepts LLC grew its stake in shares of Schwab US Dividend Equity ETF by 9,346.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 3,576,526 shares of the company’s stock worth $97,711,000 after buying an additional 3,538,664 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.2 %

Shares of NYSEARCA:SCHD opened at $28.26 on Tuesday. The stock has a fifty day simple moving average of $27.69 and a two-hundred day simple moving average of $28.05. Schwab US Dividend Equity ETF has a 12-month low of $25.18 and a 12-month high of $29.72. The stock has a market capitalization of $69.24 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88.

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.