Schwab US Dividend Equity ETF $SCHD Stock Purchased by XML Financial LLC

XML Financial LLC lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.6% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 408,627 shares of the company’s stock after buying an additional 17,810 shares during the period. Schwab US Dividend Equity ETF makes up approximately 1.0% of XML Financial LLC’s portfolio, making the stock its 25th biggest holding. XML Financial LLC’s holdings in Schwab US Dividend Equity ETF were worth $13,293,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. D.A. Davidson & CO. purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $79,998,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth $71,569,000. Brookstone Capital Management purchased a new position in Schwab US Dividend Equity ETF in the third quarter worth $71,011,000. Summit Financial Wealth Advisors LLC purchased a new position in Schwab US Dividend Equity ETF in the third quarter worth $63,803,000. Finally, BOKF NA purchased a new position in Schwab US Dividend Equity ETF in the third quarter worth $60,243,000.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $35.90 on Tuesday. The company has a market capitalization of $121.21 billion, a PE ratio of 14.57 and a beta of 0.68. The business has a fifty day moving average price of $34.15 and a two-hundred day moving average price of $32.36. Schwab US Dividend Equity ETF has a 1 year low of $26.32 and a 1 year high of $36.10.

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.