Sunflower Bank N.A. Boosts Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Sunflower Bank N.A. raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,076 shares of the company’s stock after acquiring an additional 450 shares during the period. Sunflower Bank N.A.’s holdings in Schwab US Dividend Equity ETF were worth $394,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Bank of America Corp DE raised its position in Schwab US Dividend Equity ETF by 569.6% in the 4th quarter. Bank of America Corp DE now owns 49,630,784 shares of the company’s stock valued at $1,355,913,000 after purchasing an additional 42,218,696 shares during the last quarter. LPL Financial LLC grew its position in Schwab US Dividend Equity ETF by 214.9% during the 4th quarter. LPL Financial LLC now owns 36,314,776 shares of the company’s stock worth $992,120,000 after purchasing an additional 24,783,386 shares during the last quarter. Avantax Advisory Services Inc. increased its stake in Schwab US Dividend Equity ETF by 205.8% in the fourth 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. Raymond James Financial Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at about $592,939,000. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 208.5% during the fourth quarter. Envestnet Asset Management Inc. now owns 19,626,674 shares of the company’s stock worth $536,201,000 after buying an additional 13,264,762 shares during the period.

Schwab US Dividend Equity ETF Stock Up 1.2%

NYSEARCA SCHD opened at $26.54 on Friday. The firm has a market cap of $69.00 billion, a P/E ratio of 15.93 and a beta of 0.82. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.72. The business’s 50-day moving average price is $25.85 and its 200 day moving average price is $27.27.

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.