Gunma Bank Ltd. Has $6.42 Million Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Gunma Bank Ltd. lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 193.8% during the 4th quarter, HoldingsChannel reports. The fund owned 235,000 shares of the company’s stock after acquiring an additional 155,000 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 2.1% of Gunma Bank Ltd.’s holdings, making the stock its 26th largest position. Gunma Bank Ltd.’s holdings in Schwab US Dividend Equity ETF were worth $6,420,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SCHD. Sumitomo Life Insurance Co. grew its stake in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock worth $732,722,000 after buying an additional 17,880,000 shares in the last quarter. Orgel Wealth Management LLC boosted its stake in shares of 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. Strategic Financial Concepts LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 9,346.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 3,576,526 shares of the company’s stock valued at $97,711,000 after purchasing an additional 3,538,664 shares in the last quarter. Keystone Financial Planning Inc. boosted its stake in shares of 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. Finally, HHM Wealth Advisors LLC boosted its stake in shares of 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.

Schwab US Dividend Equity ETF Trading Down 0.7 %

SCHD opened at $27.56 on Monday. The company’s 50 day moving average is $27.85 and its 200-day moving average is $27.98. Schwab US Dividend Equity ETF has a 1-year low of $25.16 and a 1-year high of $29.72. The company has a market cap of $19.33 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.