Schwab US Dividend Equity ETF $SCHD Shares Purchased by Fifth Third Securities Inc.

Fifth Third Securities Inc. increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 50.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 178,589 shares of the company’s stock after acquiring an additional 60,277 shares during the period. Fifth Third Securities Inc.’s holdings in Schwab US Dividend Equity ETF were worth $5,810,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in SCHD. Envestnet Asset Management Inc. lifted its stake in Schwab US Dividend Equity ETF by 2.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 17,667,059 shares of the company’s stock valued at $560,222,000 after acquiring an additional 354,983 shares in the last quarter. Cassaday & Co Wealth Management LLC increased its position in shares of Schwab US Dividend Equity ETF by 3.5% during the 1st quarter. Cassaday & Co Wealth Management LLC now owns 9,569,026 shares of the company’s stock worth $293,578,000 after purchasing an additional 324,778 shares during the last quarter. Royal Bank of Canada grew its stake in shares of Schwab US Dividend Equity ETF by 8.3% in the first quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock valued at $265,563,000 after buying an additional 660,876 shares in the last quarter. Keystone Financial Planning Inc. lifted its stake in Schwab US Dividend Equity ETF by 0.5% in the third quarter. Keystone Financial Planning Inc. now owns 6,279,518 shares of the company’s stock valued at $204,273,000 after acquiring an additional 29,169 shares during the last quarter. Finally, HHM Wealth Advisors LLC grew its holdings in Schwab US Dividend Equity ETF by 2.8% during the first quarter. HHM Wealth Advisors LLC now owns 5,156,506 shares of the company’s stock worth $158,202,000 after purchasing an additional 138,225 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.2%

Shares of SCHD traded down $0.07 during mid-day trading on Wednesday, reaching $34.62. The company’s stock had a trading volume of 10,088,800 shares, compared to its average volume of 22,385,242. Schwab US Dividend Equity ETF has a 1-year low of $26.32 and a 1-year high of $35.31. The business has a 50-day simple moving average of $34.02 and a two-hundred day simple moving average of $32.82. The stock has a market cap of $115.82 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.