Keybank National Association OH Acquires 280,129 Shares of Schwab US Dividend Equity ETF $SCHD

Keybank National Association OH increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.9% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,836,791 shares of the company’s stock after acquiring an additional 280,129 shares during the quarter. Keybank National Association OH’s holdings in Schwab US Dividend Equity ETF were worth $117,713,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of SCHD. Wells Fargo & Company MN grew its holdings in Schwab US Dividend Equity ETF by 5.7% in the fourth quarter. Wells Fargo & Company MN now owns 10,203,553 shares of the company’s stock worth $279,883,000 after purchasing an additional 552,907 shares during the period. Avantax Planning Partners Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 3.8% during the fourth quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock valued at $277,214,000 after purchasing an additional 366,548 shares during the period. Cassaday & Co Wealth Management LLC boosted its position in shares of Schwab US Dividend Equity ETF by 52.2% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock worth $253,570,000 after purchasing an additional 3,170,728 shares in the last quarter. Royal Bank of Canada boosted its position in shares of Schwab US Dividend Equity ETF by 4.0% during the 4th quarter. Royal Bank of Canada now owns 7,995,065 shares of the company’s stock worth $219,304,000 after purchasing an additional 304,047 shares in the last quarter. Finally, Cibc World Market Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 31.8% in the 4th quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock valued at $192,634,000 after buying an additional 1,694,144 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $32.39 on Friday. Schwab US Dividend Equity ETF has a one year low of $26.21 and a one year high of $32.92. The company has a market cap of $97.46 billion, a PE ratio of 14.57 and a beta of 0.68. The stock has a 50-day moving average of $32.04 and a 200-day moving average of $30.70.

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.