Stephens Inc. AR Grows Stake in Schwab US Dividend Equity ETF $SCHD

Stephens Inc. AR increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 28.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,708,508 shares of the company’s stock after purchasing an additional 383,398 shares during the quarter. Schwab US Dividend Equity ETF makes up 0.6% of Stephens Inc. AR’s portfolio, making the stock its 27th biggest holding. Stephens Inc. AR owned approximately 0.06% of Schwab US Dividend Equity ETF worth $46,864,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Colorado Capital Management Inc. grew its position in shares of Schwab US Dividend Equity ETF by 0.9% during the fourth quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock worth $1,060,000 after purchasing an additional 362 shares in the last quarter. Westside Investment Management Inc. grew its position in shares of Schwab US Dividend Equity ETF by 5.6% during the third quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock worth $198,000 after purchasing an additional 383 shares in the last quarter. International Private Wealth Advisors LLC grew its position in shares of Schwab US Dividend Equity ETF by 3.3% during the fourth quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock worth $340,000 after purchasing an additional 397 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its position in shares of Schwab US Dividend Equity ETF by 3.4% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 12,384 shares of the company’s stock worth $339,000 after purchasing an additional 402 shares in the last quarter. Finally, Archer Investment Corp grew its position in shares of Schwab US Dividend Equity ETF by 5.0% during the fourth quarter. Archer Investment Corp now owns 8,534 shares of the company’s stock worth $234,000 after purchasing an additional 404 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.3%

NYSEARCA:SCHD opened at $31.72 on Friday. Schwab US Dividend Equity ETF has a 12-month low of $25.69 and a 12-month high of $32.13. The stock has a 50-day moving average price of $31.01 and a 200 day moving average price of $29.46. The stock has a market capitalization of $90.04 billion, a P/E ratio of 14.57 and a beta of 0.68.

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.