Lederer & Associates Investment Counsel CA Grows Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Lederer & Associates Investment Counsel CA increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 25,452 shares of the company’s stock after purchasing an additional 16,968 shares during the quarter. Lederer & Associates Investment Counsel CA’s holdings in Schwab US Dividend Equity ETF were worth $695,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Sumitomo Life Insurance Co. lifted its holdings in 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 valued at $732,722,000 after purchasing an additional 17,880,000 shares in the last quarter. Orgel Wealth Management LLC lifted its holdings in Schwab US Dividend Equity ETF by 159.8% in the 4th 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 in the last quarter. Keystone Financial Planning Inc. lifted its holdings in Schwab US Dividend Equity ETF by 188.6% in the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after purchasing an additional 3,506,729 shares in the last quarter. HHM Wealth Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF by 207.3% in the 4th quarter. HHM Wealth Advisors LLC now owns 4,872,578 shares of the company’s stock valued at $133,119,000 after purchasing an additional 3,286,917 shares in the last quarter. Finally, LVW Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF by 203.4% in the 4th quarter. LVW Advisors LLC now owns 3,597,636 shares of the company’s stock valued at $98,287,000 after purchasing an additional 2,412,003 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $27.83 on Monday. The firm has a market cap of $19.52 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1-year low of $25.16 and a 1-year high of $29.72. The firm’s 50-day simple moving average is $28.02 and its 200-day simple moving average is $27.96.

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.