Key Client Fiduciary Advisors LLC Purchases Shares of 22,611 Schwab US Dividend Equity ETF $SCHD

Key Client Fiduciary Advisors LLC acquired a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 22,611 shares of the company’s stock, valued at approximately $620,000.

A number of other large investors have also recently made changes to their positions in SCHD. Rakuten Investment Management Inc. bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $1,127,144,000. Sumitomo Life Insurance Co. purchased a new stake in Schwab US Dividend Equity ETF in the third quarter worth $847,665,000. Avantax Planning Partners Inc. boosted its holdings in Schwab US Dividend Equity ETF by 3.0% in the third quarter. Avantax Planning Partners Inc. now owns 9,739,675 shares of the company’s stock valued at $265,893,000 after acquiring an additional 280,277 shares in the last quarter. Cerity Partners LLC increased its position in Schwab US Dividend Equity ETF by 18.0% during the 3rd quarter. Cerity Partners LLC now owns 6,599,938 shares of the company’s stock valued at $180,178,000 after purchasing an additional 1,005,469 shares during the period. Finally, Cassaday & Co Wealth Management LLC increased its position in Schwab US Dividend Equity ETF by 2.5% during the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 6,073,520 shares of the company’s stock valued at $165,807,000 after purchasing an additional 150,965 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.2%

Shares of NYSEARCA SCHD opened at $30.98 on Wednesday. The firm has a fifty day simple moving average of $31.01 and a two-hundred day simple moving average of $28.96. Schwab US Dividend Equity ETF has a 12 month low of $25.11 and a 12 month high of $31.95. The firm has a market capitalization of $87.07 billion, a PE ratio of 14.57 and a beta of 0.70.

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.