Clearstead Trust LLC Purchases 68,157 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Clearstead Trust LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 295.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 91,223 shares of the company’s stock after purchasing an additional 68,157 shares during the quarter. Clearstead Trust LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,492,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Sumitomo Life Insurance Co. raised its position in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after purchasing an additional 17,880,000 shares during the last quarter. Avantax Advisory Services Inc. raised its position in Schwab US Dividend Equity ETF by 205.8% in the fourth quarter. Avantax Advisory Services Inc. now owns 26,003,626 shares of the company’s stock valued at $710,419,000 after purchasing an additional 17,501,170 shares during the last quarter. Raymond James Financial Inc. bought a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at about $592,939,000. Wealthspire Advisors LLC raised its position 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 worth $413,737,000 after acquiring an additional 10,024,156 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its position in shares of Schwab US Dividend Equity ETF by 206.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 13,130,560 shares of the company’s stock worth $358,727,000 after acquiring an additional 8,848,668 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $27.64 on Friday. Schwab US Dividend Equity ETF has a 1 year low of $25.18 and a 1 year high of $29.72. The company has a market capitalization of $68.55 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86. The business has a 50-day moving average of $27.89 and a 200-day moving average of $28.13.

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.