Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is Eagle Capital Management LLC’s 3rd Largest Position

Eagle Capital Management LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 204.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 862,365 shares of the company’s stock after buying an additional 579,549 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 9.5% of Eagle Capital Management LLC’s portfolio, making the stock its 3rd largest position. Eagle Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $23,560,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC raised its stake in Schwab US Dividend Equity ETF by 3.1% during the 3rd 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 in the last quarter. Orgel Wealth Management LLC lifted its position in 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 valued at $302,220,000 after purchasing an additional 6,804,908 shares during the period. Keystone Financial Planning Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 188.6% in the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after buying an additional 3,506,729 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Schwab US Dividend Equity ETF by 7.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock worth $361,948,000 after purchasing an additional 297,674 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position in Schwab US Dividend Equity ETF by 2.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock worth $306,788,000 after buying an additional 101,637 shares during the period.

Schwab US Dividend Equity ETF Stock Down 1.1 %

Shares of SCHD stock opened at $27.92 on Thursday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72. The stock has a market cap of $19.59 billion, a P/E ratio of 15.04 and a beta of 0.74. The business has a fifty day simple moving average of $28.15 and a 200-day simple moving average of $27.87.

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.