Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Lyell Wealth Management LP

Lyell Wealth Management LP increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 24.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,538 shares of the company’s stock after purchasing an additional 1,491 shares during the quarter. Lyell Wealth Management LP’s holdings in Schwab US Dividend Equity ETF were worth $574,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of SCHD. Sumitomo Life Insurance Co. bought a new stake in Schwab US Dividend Equity ETF in the fourth quarter worth about $228,390,000. International Assets Investment Management LLC purchased a new stake in Schwab US Dividend Equity ETF during the fourth quarter valued at about $89,561,000. LPL Financial LLC lifted its stake in Schwab US Dividend Equity ETF by 4.7% during the third quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock valued at $797,645,000 after buying an additional 503,970 shares in the last quarter. DDD Partners LLC lifted its stake in Schwab US Dividend Equity ETF by 12,161.9% during the fourth quarter. DDD Partners LLC now owns 488,148 shares of the company’s stock valued at $37,163,000 after buying an additional 484,167 shares in the last quarter. Finally, HighTower Advisors LLC lifted its stake in Schwab US Dividend Equity ETF by 34.1% during the third quarter. HighTower Advisors LLC now owns 1,874,088 shares of the company’s stock valued at $132,545,000 after buying an additional 476,951 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.7 %

SCHD stock traded down $0.56 during mid-day trading on Thursday, reaching $77.57. 3,285,264 shares of the stock traded hands, compared to its average volume of 3,632,606. Schwab US Dividend Equity ETF has a 52-week low of $66.67 and a 52-week high of $80.82. The company has a market cap of $54.26 billion, a P/E ratio of 14.82 and a beta of 0.77. The stock’s fifty day moving average is $78.29 and its 200-day moving average is $75.13.

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.