Truist Financial Corp Raises Stock Position in Schwab US Dividend Equity ETF $SCHD

Truist Financial Corp increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,835,212 shares of the company’s stock after purchasing an additional 73,456 shares during the period. Truist Financial Corp owned 0.15% of Schwab US Dividend Equity ETF worth $104,701,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Brighton Jones LLC increased its position in Schwab US Dividend Equity ETF by 404.6% in the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after purchasing an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Schwab US Dividend Equity ETF by 206.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after buying an additional 51,696 shares in the last quarter. Bison Wealth LLC grew its stake in shares of Schwab US Dividend Equity ETF by 234.4% in the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after buying an additional 309,400 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 35.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock worth $16,579,000 after buying an additional 155,769 shares during the last quarter. Finally, GC Wealth Management RIA LLC raised its position in shares of Schwab US Dividend Equity ETF by 28.5% during the 2nd quarter. GC Wealth Management RIA LLC now owns 12,894 shares of the company’s stock valued at $342,000 after buying an additional 2,859 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.2%

Shares of NYSEARCA:SCHD opened at $29.30 on Thursday. The company has a market cap of $76.92 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $29.49. The company has a 50-day moving average price of $27.96 and a 200 day moving average price of $27.44.

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.