Del Sette Capital Management LLC Buys 9,286 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Del Sette Capital Management LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 13,929 shares of the company’s stock after purchasing an additional 9,286 shares during the period. Del Sette Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $381,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at $592,939,000. Sumitomo Life Insurance Co. raised its position in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th 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 in the last quarter. Avantax Advisory Services Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 205.8% in the 4th quarter. Avantax Advisory Services Inc. now owns 26,003,626 shares of the company’s stock valued at $710,419,000 after purchasing an additional 17,501,170 shares during the period. Wealthspire Advisors LLC boosted its position in shares of Schwab US Dividend Equity ETF by 195.8% during the 4th quarter. Wealthspire Advisors LLC now owns 15,144,112 shares of the company’s stock valued at $413,737,000 after purchasing an additional 10,024,156 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in Schwab US Dividend Equity ETF by 206.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 13,130,560 shares of the company’s stock worth $358,727,000 after purchasing an additional 8,848,668 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $27.76 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $29.72. The stock has a 50 day simple moving average of $27.95 and a two-hundred day simple moving average of $28.13. The company has a market cap of $68.84 billion, a P/E ratio of 17.56 and a beta of 0.86.

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.