Leelyn Smith LLC Has $48.69 Million Position in Schwab US Dividend Equity ETF $SCHD

Leelyn Smith LLC boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,586,958 shares of the company’s stock after buying an additional 43,719 shares during the period. Schwab US Dividend Equity ETF accounts for about 6.8% of Leelyn Smith LLC’s investment portfolio, making the stock its 3rd biggest holding. Leelyn Smith LLC owned approximately 0.06% of Schwab US Dividend Equity ETF worth $48,688,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Mountain Hill Investment Partners Corp. boosted its position in Schwab US Dividend Equity ETF by 1,241.8% during the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after purchasing an additional 832 shares in the last quarter. Merrithew & Thorsten Inc bought a new position in Schwab US Dividend Equity ETF in the fourth quarter worth about $25,000. Field & Main Bank bought a new position in Schwab US Dividend Equity ETF in the fourth quarter worth about $29,000. Dynamic Wealth Strategies LLC bought a new position in Schwab US Dividend Equity ETF in the fourth quarter worth about $29,000. Finally, Triumph Capital Management purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at about $33,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $32.39 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $26.21 and a fifty-two week high of $32.92. The stock has a market capitalization of $97.46 billion, a P/E ratio of 14.57 and a beta of 0.68. The company’s 50-day simple moving average is $32.06 and its 200-day simple moving average is $30.72.

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.