Schwab US Dividend Equity ETF $SCHD Stock Holdings Increased by Leelyn Smith LLC

Leelyn Smith LLC increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,468,832 shares of the company’s stock after purchasing an additional 45,292 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 6.0% of Leelyn Smith LLC’s holdings, making the stock its 3rd largest holding. Leelyn Smith LLC owned 0.06% of Schwab US Dividend Equity ETF worth $40,099,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in SCHD. Rakuten Investment Management Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth about $1,127,144,000. RMG Wealth Management LLC acquired a new stake in Schwab US Dividend Equity ETF during the second quarter worth approximately $132,621,000. Osaic Holdings Inc. grew its stake in Schwab US Dividend Equity ETF by 12.1% in the 2nd quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock worth $298,684,000 after acquiring an additional 1,217,005 shares during the period. DDD Partners LLC raised its holdings in Schwab US Dividend Equity ETF by 3,673.0% in the 2nd quarter. DDD Partners LLC now owns 1,196,005 shares of the company’s stock valued at $31,694,000 after acquiring an additional 1,164,306 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in Schwab US Dividend Equity ETF by 6.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 19,215,884 shares of the company’s stock valued at $509,221,000 after acquiring an additional 1,083,206 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.6%

SCHD stock opened at $29.15 on Thursday. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.19. The stock’s fifty day simple moving average is $27.75 and its 200-day simple moving average is $27.37. The stock has a market capitalization of $76.44 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

About Schwab US Dividend Equity ETF

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.