Allworth Financial LP Has $58.66 Million Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Allworth Financial LP grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 275.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,100,813 shares of the company’s stock after purchasing an additional 1,541,366 shares during the period. Allworth Financial LP’s holdings in Schwab US Dividend Equity ETF were worth $58,655,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Central Pacific Bank Trust Division increased its stake in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after acquiring an additional 604 shares during the period. Hoese & Co LLP bought a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth $26,000. IFS Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 184.4% during the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after buying an additional 699 shares in the last quarter. Kennebec Savings Bank acquired a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth about $31,000. Finally, Olistico Wealth LLC raised its position in Schwab US Dividend Equity ETF by 202.2% in the fourth quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after purchasing an additional 748 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $27.79 on Friday. The firm has a market capitalization of $19.49 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. 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’s 50 day moving average price is $27.72 and its two-hundred day moving average price is $28.00.

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.