Schwab US Dividend Equity ETF $SCHD Stock Acquired by Worth Asset Management LLC

Worth Asset Management LLC boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 128.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 35,270 shares of the company’s stock after buying an additional 19,854 shares during the quarter. Worth Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,147,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. HB Wealth Management LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 8.4% in the 2nd quarter. HB Wealth Management LLC now owns 1,780,558 shares of the company’s stock valued at $56,462,000 after purchasing an additional 137,402 shares during the last quarter. Bangor Savings Bank acquired a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $2,480,000. Rockefeller Capital Management L.P. raised its position in shares of Schwab US Dividend Equity ETF by 18.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 523,834 shares of the company’s stock worth $14,369,000 after buying an additional 82,981 shares during the period. Cahill Financial Advisors Inc. boosted its holdings in Schwab US Dividend Equity ETF by 6.2% in the second quarter. Cahill Financial Advisors Inc. now owns 379,548 shares of the company’s stock valued at $12,035,000 after acquiring an additional 22,218 shares during the last quarter. Finally, Advisory Solutions Group LLC purchased a new stake in Schwab US Dividend Equity ETF during the second quarter valued at about $1,414,000.

Schwab US Dividend Equity ETF Trading Down 0.5%

NYSEARCA:SCHD traded down $0.17 on Wednesday, hitting $32.67. 12,425,666 shares of the stock were exchanged, compared to its average volume of 22,397,318. The stock has a market cap of $108.37 billion, a PE ratio of 14.57 and a beta of 0.68. The stock has a fifty day moving average of $34.05 and a 200-day moving average of $32.60. Schwab US Dividend Equity ETF has a fifty-two week low of $26.32 and a fifty-two week high of $35.31.

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.