Fountainhead AM LLC Boosts Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Fountainhead AM LLC lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 19.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,955 shares of the company’s stock after purchasing an additional 806 shares during the quarter. Fountainhead AM LLC’s holdings in Schwab US Dividend Equity ETF were worth $377,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of SCHD. LPL Financial LLC lifted its position in Schwab US Dividend Equity ETF by 4.7% in the 3rd quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock worth $797,645,000 after buying an additional 503,970 shares during the last quarter. Avantax Advisory Services Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 3.7% in the 3rd quarter. Avantax Advisory Services Inc. now owns 7,458,984 shares of the company’s stock worth $527,798,000 after acquiring an additional 266,516 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 2.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,778,626 shares of the company’s stock valued at $408,896,000 after purchasing an additional 145,168 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 1.9% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 5,188,556 shares of the company’s stock valued at $367,142,000 after purchasing an additional 96,234 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its position in Schwab US Dividend Equity ETF by 8.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 4,422,807 shares of the company’s stock worth $312,958,000 after purchasing an additional 348,710 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

SCHD traded up $0.48 on Tuesday, hitting $77.72. 2,505,684 shares of the company were exchanged, compared to its average volume of 3,649,406. The firm has a fifty day simple moving average of $78.25 and a two-hundred day simple moving average of $75.11. The stock has a market capitalization of $54.46 billion, a PE ratio of 15.00 and a beta of 0.79. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $80.82.

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.