TD Private Client Wealth LLC Raises Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

TD Private Client Wealth LLC grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 205.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 816,753 shares of the company’s stock after acquiring an additional 549,628 shares during the period. TD Private Client Wealth LLC owned about 0.12% of Schwab US Dividend Equity ETF worth $22,314,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in Schwab US Dividend Equity ETF in the fourth quarter worth $592,939,000. Sumitomo Life Insurance Co. grew its position 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 period. Avantax Advisory Services Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 205.8% in the 4th quarter. Avantax Advisory Services Inc. now owns 26,003,626 shares of the company’s stock worth $710,419,000 after acquiring an additional 17,501,170 shares in the last quarter. Wealthspire Advisors LLC increased its stake in shares of Schwab US Dividend Equity ETF by 195.8% in the 4th 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 in the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in 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 in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $27.95 on Friday. The company has a 50 day simple moving average of $27.94 and a two-hundred day simple moving average of $28.13. Schwab US Dividend Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $29.72. The company has a market capitalization of $69.32 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86.

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.