Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stake Lifted by CWS Financial Advisors LLC

CWS Financial Advisors LLC increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 249.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,121 shares of the company’s stock after buying an additional 57,224 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 0.7% of CWS Financial Advisors LLC’s holdings, making the stock its 23rd largest position. CWS Financial Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,189,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in SCHD. Sumitomo Life Insurance Co. grew its stake in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock worth $732,722,000 after buying an additional 17,880,000 shares during the last quarter. Wealthspire Advisors LLC grew its stake in Schwab US Dividend Equity ETF by 195.8% during the 4th quarter. Wealthspire Advisors LLC now owns 15,144,112 shares of the company’s stock worth $413,737,000 after buying an additional 10,024,156 shares during the last quarter. Orgel Wealth Management LLC grew its stake in Schwab US Dividend Equity ETF by 159.8% during the 4th quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock worth $302,220,000 after buying an additional 6,804,908 shares during the last quarter. Cassaday & Co Wealth Management LLC grew its stake in Schwab US Dividend Equity ETF by 210.2% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 5,755,912 shares of the company’s stock worth $157,252,000 after buying an additional 3,900,238 shares during the last quarter. Finally, Strategic Financial Concepts LLC grew its stake in Schwab US Dividend Equity ETF by 9,346.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 3,576,526 shares of the company’s stock worth $97,711,000 after buying an additional 3,538,664 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $28.26 on Tuesday. The company has a market cap of $69.24 billion, a P/E ratio of 17.48 and a beta of 0.88. The stock has a fifty day moving average price of $27.69 and a 200 day moving average price of $28.05. Schwab US Dividend Equity ETF has a 12 month low of $25.18 and a 12 month high of $29.72.

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.