Savvy Advisors Inc. Raises Holdings in Schwab US Dividend Equity ETF $SCHD

Savvy Advisors Inc. increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 33.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 410,392 shares of the company’s stock after purchasing an additional 103,193 shares during the period. Savvy Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $11,257,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. First Command Advisory Services Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 7.6% during the third quarter. First Command Advisory Services Inc. now owns 1,107,033 shares of the company’s stock valued at $30,222,000 after buying an additional 77,785 shares during the period. BG Investment Services Inc. grew its stake in Schwab US Dividend Equity ETF by 82.8% in the 3rd quarter. BG Investment Services Inc. now owns 62,076 shares of the company’s stock worth $1,695,000 after acquiring an additional 28,109 shares during the period. DMKC Advisory Services LLC grew its stake in Schwab US Dividend Equity ETF by 10.6% in the 3rd quarter. DMKC Advisory Services LLC now owns 219,680 shares of the company’s stock worth $5,997,000 after acquiring an additional 20,989 shares during the period. Insight Inv LLC acquired a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at $682,000. Finally, JPMorgan Chase & Co. lifted its stake in shares of Schwab US Dividend Equity ETF by 2.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,616,851 shares of the company’s stock worth $126,040,000 after purchasing an additional 95,857 shares during the period.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $30.56 on Friday. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $31.95. The stock’s fifty day simple moving average is $30.90 and its 200-day simple moving average is $28.66. The stock has a market capitalization of $84.52 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

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.