50,773 Schwab US Dividend Equity ETF $SCHD Shares Acquired by Whelan Financial

Whelan Financial increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,839,567 shares of the company’s stock after purchasing an additional 50,773 shares during the period. Schwab US Dividend Equity ETF accounts for 15.5% of Whelan Financial’s portfolio, making the stock its 2nd largest position. Whelan Financial owned approximately 0.05% of Schwab US Dividend Equity ETF worth $59,841,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its stake 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 valued at $560,222,000 after buying an additional 354,983 shares during the last quarter. Cassaday & Co Wealth Management LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 3.5% during the first quarter. Cassaday & Co Wealth Management LLC now owns 9,569,026 shares of the company’s stock valued at $293,578,000 after acquiring an additional 324,778 shares during the period. Royal Bank of Canada boosted its holdings in shares of Schwab US Dividend Equity ETF by 8.3% during the first quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock valued at $265,563,000 after acquiring an additional 660,876 shares during the period. Keystone Financial Planning Inc. grew its position 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 worth $204,273,000 after acquiring an additional 29,169 shares during the last quarter. Finally, Keybank National Association OH grew its position 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 worth $117,713,000 after acquiring an additional 280,129 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.5%

SCHD stock opened at $35.78 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $26.32 and a fifty-two week high of $36.10. The firm’s 50-day simple moving average is $34.13 and its 200 day simple moving average is $32.32. The stock has a market cap of $120.59 billion, a PE ratio of 14.57 and a beta of 0.68.

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.