Old Port Advisors Has $6.52 Million Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Old Port Advisors increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 207.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 238,617 shares of the company’s stock after acquiring an additional 161,065 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 1.9% of Old Port Advisors’ holdings, making the stock its 8th largest holding. Old Port Advisors’ holdings in Schwab US Dividend Equity ETF were worth $6,519,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of SCHD. Bank of New York Mellon Corp increased its position in shares of Schwab US Dividend Equity ETF by 41.7% during the second quarter. Bank of New York Mellon Corp now owns 235,964 shares of the company’s stock valued at $18,349,000 after purchasing an additional 69,484 shares during the period. Natixis Advisors LLC boosted its position in shares of Schwab US Dividend Equity ETF by 21.5% during the 2nd quarter. Natixis Advisors LLC now owns 17,206 shares of the company’s stock valued at $1,338,000 after acquiring an additional 3,042 shares in the last quarter. TIAA Trust National Association increased its stake in Schwab US Dividend Equity ETF by 4.8% in the second quarter. TIAA Trust National Association now owns 15,242 shares of the company’s stock valued at $1,185,000 after acquiring an additional 698 shares during the period. Laidlaw Wealth Management LLC acquired a new position in Schwab US Dividend Equity ETF in the second quarter worth about $208,000. Finally, Magnus Financial Group LLC lifted its stake in Schwab US Dividend Equity ETF by 103.4% during the second quarter. Magnus Financial Group LLC now owns 5,819 shares of the company’s stock worth $452,000 after purchasing an additional 2,958 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.0 %

Schwab US Dividend Equity ETF stock traded up $0.01 during mid-day trading on Thursday, hitting $27.33. 5,717,176 shares of the company were exchanged, compared to its average volume of 10,494,646. The company has a market capitalization of $19.17 billion, a PE ratio of 15.04 and a beta of 0.74. The business has a fifty day moving average of $28.42 and a 200 day moving average of $27.70. Schwab US Dividend Equity ETF has a 1-year low of $24.97 and a 1-year high of $29.72.

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.