Schwab US Dividend Equity ETF $SCHD Stake Increased by RDA Financial Network

RDA Financial Network boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 72,623 shares of the company’s stock after acquiring an additional 2,055 shares during the quarter. RDA Financial Network’s holdings in Schwab US Dividend Equity ETF were worth $1,925,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of SCHD. Wealthspire Advisors LLC boosted its position in Schwab US Dividend Equity ETF by 95.2% during the 1st quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock worth $826,353,000 after acquiring an additional 14,410,724 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in Schwab US Dividend Equity ETF by 216.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 11,471,870 shares of the company’s stock worth $313,411,000 after acquiring an additional 7,842,532 shares during the period. Royal Bank of Canada boosted its position in Schwab US Dividend Equity ETF by 217.5% during the 4th quarter. Royal Bank of Canada now owns 9,079,918 shares of the company’s stock worth $248,063,000 after acquiring an additional 6,219,756 shares during the period. LPL Financial LLC boosted its position in Schwab US Dividend Equity ETF by 6.8% during the 1st quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock worth $1,084,442,000 after acquiring an additional 2,470,706 shares during the period. Finally, Charles Schwab Trust Bank boosted its position in Schwab US Dividend Equity ETF by 143.2% during the 4th quarter. Charles Schwab Trust Bank now owns 3,955,650 shares of the company’s stock worth $108,068,000 after acquiring an additional 2,329,341 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.9%

NYSEARCA SCHD opened at $27.48 on Friday. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72. The company has a market capitalization of $71.68 billion, a PE ratio of 14.57 and a beta of 0.88. The firm’s fifty day simple moving average is $27.30 and its 200-day simple moving average is $26.83.

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.