Schwab US Dividend Equity ETF $SCHD is Leelyn Smith LLC’s 3rd Largest Position

Leelyn Smith LLC lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.8% in the first quarter, Holdings Channel reports. The firm owned 1,586,958 shares of the company’s stock after buying an additional 43,719 shares during the period. Schwab US Dividend Equity ETF comprises about 6.8% of Leelyn Smith LLC’s portfolio, making the stock its 3rd largest position. Leelyn Smith LLC’s holdings in Schwab US Dividend Equity ETF were worth $48,688,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN increased its position in Schwab US Dividend Equity ETF by 5.7% during the 4th quarter. Wells Fargo & Company MN now owns 10,203,553 shares of the company’s stock valued at $279,883,000 after buying an additional 552,907 shares in the last quarter. Avantax Planning Partners Inc. boosted its holdings in Schwab US Dividend Equity ETF by 3.8% in the fourth quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock worth $277,214,000 after acquiring an additional 366,548 shares in the last quarter. Cassaday & Co Wealth Management LLC boosted its holdings in Schwab US Dividend Equity ETF by 52.2% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock worth $253,570,000 after acquiring an additional 3,170,728 shares in the last quarter. Royal Bank of Canada grew its stake in shares of Schwab US Dividend Equity ETF by 4.0% during the fourth quarter. Royal Bank of Canada now owns 7,995,065 shares of the company’s stock worth $219,304,000 after acquiring an additional 304,047 shares during the last quarter. Finally, Cibc World Market Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 31.8% during the fourth quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock worth $192,634,000 after acquiring an additional 1,694,144 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $32.39 on Friday. The company has a market cap of $97.46 billion, a P/E ratio of 14.57 and a beta of 0.68. The firm’s 50-day moving average price is $32.06 and its 200-day moving average price is $30.72. Schwab US Dividend Equity ETF has a 52-week low of $26.21 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.