Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Oxbow Advisors LLC

Oxbow Advisors LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 34.9% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 12,338 shares of the company’s stock after purchasing an additional 3,195 shares during the period. Oxbow Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $345,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Bank of America Corp DE boosted its stake 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 during the last quarter. LPL Financial LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 214.9% during the fourth 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 last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 208.5% during the fourth quarter. Envestnet Asset Management Inc. now owns 19,626,674 shares of the company’s stock valued at $536,201,000 after acquiring an additional 13,264,762 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 202.3% during the fourth quarter. Ameriprise Financial Inc. now owns 17,426,545 shares of the company’s stock valued at $475,816,000 after acquiring an additional 11,661,011 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its stake in shares of Schwab US Dividend Equity ETF by 212.9% during the fourth quarter. Wells Fargo & Company MN now owns 12,294,235 shares of the company’s stock valued at $335,879,000 after acquiring an additional 8,364,559 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.7%

SCHD opened at $27.33 on Friday. The firm has a market cap of $71.33 billion, a P/E ratio of 14.57 and a beta of 0.80. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.72. The business’s fifty day simple moving average is $26.52 and its 200 day simple moving average is $26.98.

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.