Schwab US Dividend Equity ETF $SCHD Stock: Simplicity Wealth LLC Boosts Position

Simplicity Wealth LLC boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 61.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 113,648 shares of the company’s stock after buying an additional 43,436 shares during the period. Simplicity Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,697,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Envestnet Asset Management Inc. boosted its holdings in Schwab US Dividend Equity ETF by 2.1% in the second quarter. Envestnet Asset Management Inc. now owns 17,667,059 shares of the company’s stock worth $560,222,000 after acquiring an additional 354,983 shares in the last quarter. Cassaday & Co Wealth Management LLC grew its stake in shares of Schwab US Dividend Equity ETF by 3.5% in the first quarter. Cassaday & Co Wealth Management LLC now owns 9,569,026 shares of the company’s stock worth $293,578,000 after acquiring 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 worth $265,563,000 after acquiring an additional 660,876 shares during the last quarter. Keystone Financial Planning Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 0.5% during 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 in the last quarter. Finally, Keybank National Association OH increased its holdings in shares of Schwab US Dividend Equity ETF by 7.9% during the first quarter. Keybank National Association OH now owns 3,836,791 shares of the company’s stock valued at $117,713,000 after acquiring an additional 280,129 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $35.27 on Monday. The business has a fifty day moving average price of $34.07 and a 200-day moving average price of $32.92. The company has a market capitalization of $118.44 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 1-year low of $26.32 and a 1-year high of $35.45.

About Schwab US Dividend Equity ETF

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.