St. Louis Trust Co Purchases 8,310 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

St. Louis Trust Co lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,465 shares of the company’s stock after purchasing an additional 8,310 shares during the period. St. Louis Trust Co’s holdings in Schwab US Dividend Equity ETF were worth $341,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sumitomo Life Insurance Co. lifted its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock worth $732,722,000 after acquiring an additional 17,880,000 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter worth approximately $592,939,000. Wealthspire Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 195.8% in the fourth quarter. Wealthspire Advisors LLC now owns 15,144,112 shares of the company’s stock worth $413,737,000 after acquiring an additional 10,024,156 shares during the period. LPL Financial LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 3.1% in the third quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock worth $974,748,000 after acquiring an additional 350,872 shares during the period. Finally, Orgel Wealth Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 159.8% in the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock worth $302,220,000 after acquiring an additional 6,804,908 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $27.74 on Wednesday. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week high of $29.72. The business’s 50 day moving average price is $27.88 and its two-hundred day moving average price is $28.14. The firm has a market cap of $68.80 billion, a PE ratio of 17.56 and a beta of 0.86.

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.