Truist Financial Corp Has $106.20 Million Stock Position in Schwab US Dividend Equity ETF $SCHD

Truist Financial Corp boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,871,578 shares of the company’s stock after purchasing an additional 36,366 shares during the quarter. Truist Financial Corp owned about 0.15% of Schwab US Dividend Equity ETF worth $106,197,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Advisors Preferred LLC boosted its stake in Schwab US Dividend Equity ETF by 3.8% during the fourth quarter. Advisors Preferred LLC now owns 736,630 shares of the company’s stock worth $20,427,000 after acquiring an additional 27,200 shares in the last quarter. Blake Schutter Theil Wealth Advisors LLC acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter worth $289,000. RIA Advisory Group LLC increased its stake in Schwab US Dividend Equity ETF by 0.5% in the fourth quarter. RIA Advisory Group LLC now owns 85,314 shares of the company’s stock valued at $2,340,000 after purchasing an additional 412 shares in the last quarter. Level Wealth Management LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 9.3% during the fourth quarter. Level Wealth Management LLC now owns 30,900 shares of the company’s stock valued at $848,000 after purchasing an additional 2,633 shares during the period. Finally, Summit Wealth & Retirement Planning Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 1.8% during the fourth quarter. Summit Wealth & Retirement Planning Inc. now owns 27,341 shares of the company’s stock valued at $750,000 after purchasing an additional 495 shares during the period.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $31.52 on Tuesday. The company’s 50-day moving average is $30.99 and its 200-day moving average is $29.18. The stock has a market capitalization of $89.48 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 1 year low of $25.50 and a 1 year high of $32.13.

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.