Vanguard Capital Wealth Advisors Raises Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Vanguard Capital Wealth Advisors grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 228.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,194 shares of the company’s stock after purchasing an additional 19,612 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 0.8% of Vanguard Capital Wealth Advisors’ investment portfolio, making the stock its 23rd biggest holding. Vanguard Capital Wealth Advisors’ holdings in Schwab US Dividend Equity ETF were worth $770,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the business. Bank of America Corp DE increased its holdings in shares of Schwab US Dividend Equity ETF by 569.6% during the fourth quarter. Bank of America Corp DE now owns 49,630,784 shares of the company’s stock valued at $1,355,913,000 after acquiring an additional 42,218,696 shares in the last quarter. LPL Financial LLC increased its position in shares of Schwab US Dividend Equity ETF by 214.9% in the 4th quarter. LPL Financial LLC now owns 36,314,776 shares of the company’s stock valued at $992,120,000 after acquiring an additional 24,783,386 shares during the period. Sumitomo Life Insurance Co. raised its stake in 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 acquiring an additional 17,880,000 shares during the last quarter. Avantax Advisory Services Inc. lifted its position in Schwab US Dividend Equity ETF by 205.8% during 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 during the period. Finally, Raymond James Financial Inc. purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at about $592,939,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $26.58 on Tuesday. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72. The firm has a market capitalization of $69.11 billion, a PE ratio of 15.01 and a beta of 0.82. The stock’s 50-day simple moving average is $26.31 and its 200-day simple moving average is $27.50.

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.