Schwab US Dividend Equity ETF $SCHD Shares Newly Purchased by Woodmont Investment Counsel LLC

Woodmont Investment Counsel LLC purchased a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 44,515 shares of the company’s stock, valued at approximately $1,448,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SCHD. Envestnet Asset Management Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 2.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 17,667,059 shares of the company’s stock worth $560,222,000 after purchasing an additional 354,983 shares in the last quarter. Cassaday & Co Wealth Management LLC increased its holdings in Schwab US Dividend Equity ETF by 3.5% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 9,569,026 shares of the company’s stock worth $293,578,000 after buying an additional 324,778 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of Schwab US Dividend Equity ETF by 8.3% during the first quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock valued at $265,563,000 after purchasing an additional 660,876 shares during the last quarter. Keystone Financial Planning Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 0.5% during the 3rd quarter. Keystone Financial Planning Inc. now owns 6,279,518 shares of the company’s stock valued at $204,273,000 after buying an additional 29,169 shares during the period. Finally, Kestra Advisory Services LLC lifted its holdings in Schwab US Dividend Equity ETF by 3.7% in the first quarter. Kestra Advisory Services LLC now owns 3,523,127 shares of the company’s stock valued at $108,090,000 after acquiring an additional 126,902 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $35.78 on Monday. The company’s fifty day simple moving average is $34.13 and its 200-day simple moving average is $32.32. The stock has a market capitalization of $120.80 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 1-year low of $26.32 and a 1-year high of $36.10.

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.