Holos Integrated Wealth LLC Invests $5.61 Million in Schwab US Dividend Equity ETF $SCHD

Holos Integrated Wealth LLC acquired a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 202,169 shares of the company’s stock, valued at approximately $5,606,000. Schwab US Dividend Equity ETF makes up approximately 3.1% of Holos Integrated Wealth LLC’s investment portfolio, making the stock its 11th biggest holding.

Several other large investors have also recently added to or reduced their stakes in the business. Rakuten Investment Management Inc. acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth $1,127,144,000. Sumitomo Life Insurance Co. bought a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth $847,665,000. Cibc World Market Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 243.5% during the third quarter. Cibc World Market Inc. now owns 5,328,615 shares of the company’s stock valued at $145,471,000 after purchasing an additional 3,777,339 shares during the period. Osaic Holdings Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 12.1% during the second quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock valued at $298,684,000 after purchasing an additional 1,217,005 shares during the period. Finally, Lido Advisors LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at about $32,308,000.

Schwab US Dividend Equity ETF Stock Up 0.0%

SCHD stock opened at $30.59 on Friday. The company has a market capitalization of $80.46 billion, a P/E ratio of 14.57 and a beta of 0.77. The company has a 50-day simple moving average of $30.53 and a 200 day simple moving average of $28.42. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $31.95.

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.