CapWealth Advisors LLC Raises Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

CapWealth Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 205.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 242,288 shares of the company’s stock after purchasing an additional 163,088 shares during the quarter. CapWealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,619,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in Schwab US Dividend Equity ETF by 7.2% during the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after acquiring an additional 104,855 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock valued at $266,000 after purchasing an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $163,000. Tenon Financial LLC boosted its holdings in Schwab US Dividend Equity ETF by 200.1% during the fourth quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock worth $412,000 after buying an additional 10,082 shares in the last quarter. Finally, Summit Wealth & Retirement Planning Inc. grew its position in Schwab US Dividend Equity ETF by 195.0% during the fourth quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock valued at $715,000 after buying an additional 17,305 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $27.79 on Friday. The firm has a 50-day simple moving average of $27.74 and a two-hundred day simple moving average of $27.99. Schwab US Dividend Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $29.72. The company has a market cap of $19.49 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.