Schwab US Dividend Equity ETF $SCHD Shares Bought by Apriem Advisors

Apriem Advisors increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 9.6% in the fourth quarter, Holdings Channel reports. The firm owned 868,131 shares of the company’s stock after purchasing an additional 75,886 shares during the period. Schwab US Dividend Equity ETF comprises 2.2% of Apriem Advisors’ holdings, making the stock its 12th largest position. Apriem Advisors’ holdings in Schwab US Dividend Equity ETF were worth $23,813,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Arete Wealth Advisors LLC boosted its stake in Schwab US Dividend Equity ETF by 6.8% in the 4th quarter. Arete Wealth Advisors LLC now owns 22,791 shares of the company’s stock worth $625,000 after purchasing an additional 1,445 shares in the last quarter. Quartz Partners LLC acquired a new stake in Schwab US Dividend Equity ETF in the 4th quarter worth approximately $201,000. Parkside Financial Bank & Trust boosted its stake in Schwab US Dividend Equity ETF by 9.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 54,902 shares of the company’s stock worth $1,506,000 after purchasing an additional 4,700 shares in the last quarter. Fortis Capital Management LLC boosted its stake in Schwab US Dividend Equity ETF by 6.0% in the 4th quarter. Fortis Capital Management LLC now owns 110,893 shares of the company’s stock worth $3,042,000 after purchasing an additional 6,281 shares in the last quarter. Finally, Johnson Investment Counsel Inc. boosted its stake in Schwab US Dividend Equity ETF by 3.1% in the 4th quarter. Johnson Investment Counsel Inc. now owns 177,838 shares of the company’s stock worth $4,878,000 after purchasing an additional 5,386 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.9%

SCHD stock opened at $32.82 on Friday. The firm has a 50 day moving average of $31.68 and a 200 day moving average of $30.24. The stock has a market capitalization of $93.17 billion, a PE ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 52 week low of $26.16 and a 52 week high of $32.92.

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.