Empowered Funds LLC Raises Stock Position in Schwab US Dividend Equity ETF $SCHD

Empowered Funds LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5,693.3% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 287,060 shares of the company’s stock after buying an additional 282,105 shares during the period. Empowered Funds LLC’s holdings in Schwab US Dividend Equity ETF were worth $8,026,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the company. Bell Investment Advisors Inc boosted its stake in shares of Schwab US Dividend Equity ETF by 1.5% during the 1st quarter. Bell Investment Advisors Inc now owns 359,978 shares of the company’s stock worth $10,065,000 after purchasing an additional 5,279 shares during the period. Signature Estate & Investment Advisors LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 3.3% during the 1st quarter. Signature Estate & Investment Advisors LLC now owns 502,937 shares of the company’s stock worth $14,062,000 after purchasing an additional 16,224 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 35.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock worth $16,579,000 after purchasing an additional 155,769 shares during the period. Kestra Investment Management LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 61.3% during the 1st quarter. Kestra Investment Management LLC now owns 39,615 shares of the company’s stock worth $1,108,000 after purchasing an additional 15,057 shares during the period. Finally, Cape Investment Advisory Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 2.7% during the 1st quarter. Cape Investment Advisory Inc. now owns 166,047 shares of the company’s stock worth $4,643,000 after purchasing an additional 4,391 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.2%

SCHD stock opened at $27.50 on Thursday. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $29.72. The company has a 50-day moving average price of $27.29 and a 200 day moving average price of $26.85. The stock has a market cap of $71.73 billion, a PE ratio of 14.57 and a beta of 0.88.

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.