IFP Advisors Inc Raises Position in Schwab US Dividend Equity ETF $SCHD

IFP Advisors Inc boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 712,723 shares of the company’s stock after purchasing an additional 17,536 shares during the period. IFP Advisors Inc’s holdings in Schwab US Dividend Equity ETF were worth $22,600,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SCHD. Rockefeller Capital Management L.P. boosted its position in Schwab US Dividend Equity ETF by 18.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 523,834 shares of the company’s stock valued at $14,369,000 after buying an additional 82,981 shares during the period. BNP Paribas Financial Markets grew its position in shares of Schwab US Dividend Equity ETF by 351,462.5% in the 4th quarter. BNP Paribas Financial Markets now owns 337,500 shares of the company’s stock worth $9,258,000 after buying an additional 337,404 shares during the last quarter. Intrua Financial LLC increased its position in Schwab US Dividend Equity ETF by 34.3% during the 4th quarter. Intrua Financial LLC now owns 248,518 shares of the company’s stock valued at $6,817,000 after purchasing an additional 63,516 shares during the period. KLCM Advisors Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at about $1,488,000. Finally, HB Wealth Management LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 8.4% during the 2nd quarter. HB Wealth Management LLC now owns 1,780,558 shares of the company’s stock worth $56,462,000 after acquiring an additional 137,402 shares during the period.

Schwab US Dividend Equity ETF Stock Down 1.1%

Shares of SCHD stock opened at $34.41 on Wednesday. The business’s fifty day moving average is $33.74 and its 200 day moving average is $32.30. The stock has a market cap of $106.91 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a twelve month low of $26.32 and a twelve month high of $35.31.

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.