Welch Group LLC Boosts Holdings in Schwab US Dividend Equity ETF $SCHD

Welch Group LLC lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 44.7% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,724 shares of the company’s stock after purchasing an additional 3,624 shares during the period. Welch Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $311,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in SCHD. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the second quarter worth $1,031,129,000. Wealthspire Advisors LLC grew its stake in Schwab US Dividend Equity ETF by 95.2% during the 1st quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock worth $826,353,000 after purchasing an additional 14,410,724 shares in the last quarter. RMG Wealth Management LLC purchased a new stake in Schwab US Dividend Equity ETF during the 2nd quarter worth about $132,621,000. LPL Financial LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 6.8% in the 1st quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock valued at $1,084,442,000 after buying an additional 2,470,706 shares during the period. Finally, Cresset Asset Management LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 37.5% in the 1st quarter. Cresset Asset Management LLC now owns 7,582,282 shares of the company’s stock valued at $212,001,000 after buying an additional 2,069,007 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $26.54 on Monday. The company’s 50 day moving average price is $27.36 and its 200 day moving average price is $26.73. The firm has a market capitalization of $69.30 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week 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.