Great Lakes Advisors LLC Acquires 74,457 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Great Lakes Advisors LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 224.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 107,664 shares of the company’s stock after acquiring an additional 74,457 shares during the quarter. Great Lakes Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,941,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Oppenheimer Asset Management Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 2.4% in the third quarter. Oppenheimer Asset Management Inc. now owns 60,169 shares of the company’s stock valued at $5,086,000 after purchasing an additional 1,417 shares in the last quarter. Oak Harbor Wealth Partners LLC raised its stake in shares of Schwab US Dividend Equity ETF by 5.5% in the third quarter. Oak Harbor Wealth Partners LLC now owns 104,437 shares of the company’s stock valued at $8,828,000 after purchasing an additional 5,448 shares in the last quarter. Balboa Wealth Partners raised its stake in shares of Schwab US Dividend Equity ETF by 4.0% in the third quarter. Balboa Wealth Partners now owns 11,384 shares of the company’s stock valued at $962,000 after purchasing an additional 433 shares in the last quarter. Signature Estate & Investment Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF by 0.3% in the third quarter. Signature Estate & Investment Advisors LLC now owns 162,391 shares of the company’s stock valued at $13,727,000 after purchasing an additional 542 shares in the last quarter. Finally, Sheaff Brock Investment Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF by 6.5% in the third quarter. Sheaff Brock Investment Advisors LLC now owns 16,876 shares of the company’s stock valued at $1,427,000 after purchasing an additional 1,028 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 1.3 %

Shares of NYSEARCA SCHD opened at $27.64 on Friday. The business has a fifty day simple moving average of $27.89 and a 200 day simple moving average of $28.13. The firm has a market capitalization of $68.55 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year 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.