Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by MML Investors Services LLC

MML Investors Services LLC raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 212.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 5,389,861 shares of the company’s stock after purchasing an additional 3,667,582 shares during the period. MML Investors Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $147,251,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. Anchor Investment Management LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 1.1% in the third quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock valued at $3,256,000 after acquiring an additional 428 shares during the period. Bernardo Wealth Planning LLC increased its stake in Schwab US Dividend Equity ETF by 3.8% in the fourth quarter. Bernardo Wealth Planning LLC now owns 13,546 shares of the company’s stock valued at $366,000 after purchasing an additional 498 shares during the period. Central Pacific Bank Trust Division raised its holdings in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after buying an additional 604 shares during the last quarter. Ritter Daniher Financial Advisory LLC DE boosted its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock worth $27,000 after buying an additional 650 shares during the period. Finally, PFG Private Wealth Management LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after buying an additional 686 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.2 %

SCHD opened at $25.42 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.72. The business has a 50 day moving average price of $27.23 and a two-hundred day moving average price of $27.87. The company has a market cap of $65.58 billion, a PE ratio of 15.04 and a beta of 0.83.

Schwab US Dividend Equity ETF Cuts Dividend

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

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.