Stephens Inc. AR Has $25.25 Million Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Stephens Inc. AR increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 252.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 924,282 shares of the company’s stock after buying an additional 661,996 shares during the period. Stephens Inc. AR’s holdings in Schwab US Dividend Equity ETF were worth $25,251,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Sunflower Bank N.A. raised its position in shares of Schwab US Dividend Equity ETF by 4.2% in the 3rd quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock worth $384,000 after acquiring an additional 185 shares in the last quarter. Sound Income Strategies LLC increased its holdings in Schwab US Dividend Equity ETF by 12.5% in the third quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock worth $145,000 after purchasing an additional 191 shares in the last quarter. Johnson Bixby & Associates LLC lifted its stake in Schwab US Dividend Equity ETF by 7.4% in the third quarter. Johnson Bixby & Associates LLC now owns 4,241 shares of the company’s stock valued at $359,000 after buying an additional 294 shares during the period. Argus Investors Counsel Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 8.0% during the 3rd quarter. Argus Investors Counsel Inc. now owns 4,768 shares of the company’s stock worth $403,000 after buying an additional 355 shares in the last quarter. Finally, O ROURKE & COMPANY Inc grew its position in shares of Schwab US Dividend Equity ETF by 5.7% during the 3rd quarter. O ROURKE & COMPANY Inc now owns 6,738 shares of the company’s stock worth $570,000 after buying an additional 366 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.7 %

Schwab US Dividend Equity ETF stock opened at $27.56 on Friday. The company has a market capitalization of $19.33 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12-month low of $25.16 and a 12-month high of $29.72. The firm’s fifty day moving average is $27.85 and its 200 day moving average is $27.97.

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.