Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Position Lifted by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 913.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,506 shares of the company’s stock after acquiring an additional 17,582 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Schwab US Dividend Equity ETF were worth $533,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Alpha Financial Partners LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $1,283,000. Sound Income Strategies LLC increased its position in Schwab US Dividend Equity ETF by 12.5% in the third quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock worth $145,000 after buying an additional 191 shares during the period. Procyon Advisors LLC lifted its stake in Schwab US Dividend Equity ETF by 8.3% in the third quarter. Procyon Advisors LLC now owns 5,745 shares of the company’s stock valued at $486,000 after buying an additional 442 shares during the last quarter. Creative Planning boosted its holdings in shares of Schwab US Dividend Equity ETF by 1.9% during the third quarter. Creative Planning now owns 1,341,298 shares of the company’s stock valued at $113,380,000 after acquiring an additional 24,491 shares during the period. Finally, Iams Wealth Management LLC bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth about $516,000.

Schwab US Dividend Equity ETF Stock Up 0.7 %

Shares of NYSEARCA:SCHD opened at $27.87 on Wednesday. The company’s 50-day moving average price is $27.81 and its 200 day moving average price is $27.99. The company has a market cap of $19.55 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72.

About Schwab US Dividend Equity ETF

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.