Blue Barn Wealth LLC Grows Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Blue Barn Wealth LLC increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 130,882 shares of the company’s stock after acquiring an additional 6,961 shares during the period. Schwab US Dividend Equity ETF accounts for 5.9% of Blue Barn Wealth LLC’s holdings, making the stock its 4th largest position. Blue Barn Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $9,964,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in SCHD. Sumitomo Life Insurance Co. bought a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter worth $228,390,000. International Assets Investment Management LLC acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter worth $89,561,000. LPL Financial LLC grew its holdings in Schwab US Dividend Equity ETF by 4.7% during the third quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock worth $797,645,000 after purchasing an additional 503,970 shares during the period. DDD Partners LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 12,161.9% in the fourth quarter. DDD Partners LLC now owns 488,148 shares of the company’s stock valued at $37,163,000 after purchasing an additional 484,167 shares during the last quarter. Finally, HighTower Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 34.1% during the third quarter. HighTower Advisors LLC now owns 1,874,088 shares of the company’s stock worth $132,545,000 after acquiring an additional 476,951 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.3 %

NYSEARCA SCHD traded up $0.26 during trading on Wednesday, reaching $78.51. The company’s stock had a trading volume of 2,047,635 shares, compared to its average volume of 3,544,233. The firm has a market capitalization of $54.92 billion, a price-to-earnings ratio of 14.82 and a beta of 0.77. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $80.82. The firm has a 50 day moving average price of $78.33 and a 200 day moving average price of $75.61.

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.