Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Position Increased by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 259.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 443,228 shares of the company’s stock after buying an additional 319,835 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Schwab US Dividend Equity ETF were worth $12,260,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. NFP Retirement Inc. boosted its stake in Schwab US Dividend Equity ETF by 213.7% in the 4th quarter. NFP Retirement Inc. now owns 1,246,583 shares of the company’s stock worth $34,057,000 after purchasing an additional 849,142 shares during the period. Concorde Asset Management LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 320.0% in the fourth quarter. Concorde Asset Management LLC now owns 15,875 shares of the company’s stock valued at $434,000 after purchasing an additional 12,095 shares in the last quarter. Glass Jacobson Investment Advisors llc boosted its position in shares of Schwab US Dividend Equity ETF by 188.4% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 49,741 shares of the company’s stock worth $1,359,000 after buying an additional 32,491 shares during the period. Prepared Retirement Institute LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 220.0% during the fourth quarter. Prepared Retirement Institute LLC now owns 643,391 shares of the company’s stock valued at $17,577,000 after buying an additional 442,336 shares in the last quarter. Finally, Jaffetilchin Investment Partners LLC raised its position in Schwab US Dividend Equity ETF by 220.0% during the fourth quarter. Jaffetilchin Investment Partners LLC now owns 486,798 shares of the company’s stock valued at $13,299,000 after buying an additional 334,692 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.7 %

Shares of Schwab US Dividend Equity ETF stock opened at $25.43 on Wednesday. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.72. The stock has a 50-day moving average price of $27.38 and a 200 day moving average price of $27.93. The company has a market cap of $65.61 billion, a P/E 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. Investors of record on Wednesday, March 26th were issued 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.