Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Mainstream Capital Management LLC

Mainstream Capital Management LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,693 shares of the company’s stock after acquiring an additional 6,462 shares during the quarter. Mainstream Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $265,000 at the end of the most recent reporting period.

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

Schwab US Dividend Equity ETF Stock Down 0.5 %

Shares of NYSEARCA SCHD opened at $28.40 on Tuesday. The business’s 50 day moving average price is $27.80 and its 200 day moving average price is $28.12. The firm has a market cap of $69.58 billion, a P/E ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a 52 week low of $25.18 and a 52 week high of $29.72.

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.