Schwab US Dividend Equity ETF $SCHD Stake Raised by Sigma Planning Corp

Sigma Planning Corp boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 833,241 shares of the company’s stock after acquiring an additional 19,272 shares during the quarter. Schwab US Dividend Equity ETF comprises about 0.6% of Sigma Planning Corp’s investment portfolio, making the stock its 23rd biggest holding. Sigma Planning Corp’s holdings in Schwab US Dividend Equity ETF were worth $22,438,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Citizens Financial Group Inc. RI raised its position in Schwab US Dividend Equity ETF by 1.7% in the fourth quarter. Citizens Financial Group Inc. RI now owns 357,170 shares of the company’s stock worth $9,797,000 after acquiring an additional 5,834 shares in the last quarter. North Star Investment Management Corp. increased its stake in Schwab US Dividend Equity ETF by 44.5% in the 4th quarter. North Star Investment Management Corp. now owns 110,746 shares of the company’s stock worth $3,038,000 after purchasing an additional 34,128 shares in the last quarter. RCW Management LLC acquired a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth about $731,000. WoodTrust Financial Corp acquired a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth about $228,000. Finally, Delta Investment Management LLC raised its holdings in Schwab US Dividend Equity ETF by 11.4% during the 4th quarter. Delta Investment Management LLC now owns 10,718 shares of the company’s stock worth $294,000 after buying an additional 1,097 shares during the period.

Schwab US Dividend Equity ETF Trading Up 2.0%

NYSEARCA SCHD opened at $32.07 on Friday. The stock’s 50-day moving average price is $30.99 and its two-hundred day moving average price is $29.14. The company has a market cap of $90.78 billion, a PE ratio of 14.57 and a beta of 0.70. Schwab US Dividend Equity ETF has a 1 year low of $25.50 and a 1 year high of $32.10.

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.