Schwab US Dividend Equity ETF $SCHD Shares Bought by Leelyn Smith LLC

Leelyn Smith LLC grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,543,239 shares of the company’s stock after buying an additional 74,407 shares during the period. Schwab US Dividend Equity ETF accounts for about 6.1% of Leelyn Smith LLC’s holdings, making the stock its 3rd biggest holding. Leelyn Smith LLC owned 0.06% of Schwab US Dividend Equity ETF worth $42,331,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in SCHD. Rakuten Investment Management Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at about $1,127,144,000. Sumitomo Life Insurance Co. acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at about $847,665,000. Cibc World Market Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 243.5% in the third quarter. Cibc World Market Inc. now owns 5,328,615 shares of the company’s stock valued at $145,471,000 after buying an additional 3,777,339 shares during the period. Lido Advisors LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at about $32,308,000. Finally, Argent Capital Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at about $29,815,000.

Schwab US Dividend Equity ETF Trading Down 0.2%

Shares of SCHD stock opened at $30.98 on Wednesday. The stock has a market cap of $87.07 billion, a price-to-earnings ratio of 14.57 and a beta of 0.70. The stock has a 50-day moving average of $31.01 and a 200-day moving average of $28.96. Schwab US Dividend Equity ETF has a 1-year low of $25.11 and a 1-year high of $31.95.

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.