Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by CreativeOne Wealth LLC

CreativeOne Wealth LLC boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 199.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 91,259 shares of the company’s stock after buying an additional 60,763 shares during the period. CreativeOne Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,493,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. LPL Financial LLC boosted its position in shares of Schwab US Dividend Equity ETF by 214.9% during the 4th quarter. LPL Financial LLC now owns 36,314,776 shares of the company’s stock valued at $992,120,000 after acquiring an additional 24,783,386 shares during the last quarter. Sumitomo Life Insurance Co. boosted its holdings in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after purchasing an additional 17,880,000 shares during the last quarter. Avantax Advisory Services Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 205.8% in the 4th quarter. Avantax Advisory Services Inc. now owns 26,003,626 shares of the company’s stock valued at $710,419,000 after buying an additional 17,501,170 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth approximately $592,939,000. Finally, Envestnet Asset Management Inc. raised its position in shares of Schwab US Dividend Equity ETF by 208.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 19,626,674 shares of the company’s stock valued at $536,201,000 after buying an additional 13,264,762 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $25.60 on Tuesday. The stock has a 50 day moving average of $27.42 and a 200 day moving average of $27.95. The firm has a market capitalization of $66.05 billion, a price-to-earnings ratio of 15.04 and a beta of 0.83. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72.

Schwab US Dividend Equity ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were issued a dividend of $0.2488 per share. The ex-dividend date was Wednesday, March 26th.

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.