Thrivent Financial for Lutherans Has $37.03 Million Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Thrivent Financial for Lutherans increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 183.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,283,095 shares of the company’s stock after purchasing an additional 830,435 shares during the period. Thrivent Financial for Lutherans owned approximately 0.18% of Schwab US Dividend Equity ETF worth $37,027,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Pathstone Holdings LLC increased its position in shares of Schwab US Dividend Equity ETF by 9.4% during the 3rd quarter. Pathstone Holdings LLC now owns 297,740 shares of the company’s stock worth $25,168,000 after purchasing an additional 25,612 shares in the last quarter. Thompson Davis & CO. Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 38.5% in the third quarter. Thompson Davis & CO. Inc. now owns 5,023 shares of the company’s stock valued at $425,000 after acquiring an additional 1,396 shares during the last quarter. Prospera Private Wealth LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $73,000. Sachetta LLC grew its position in Schwab US Dividend Equity ETF by 3.7% during the 3rd quarter. Sachetta LLC now owns 39,868 shares of the company’s stock worth $3,370,000 after acquiring an additional 1,439 shares during the last quarter. Finally, Strategy Asset Managers LLC acquired a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at $331,000.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $28.03 on Thursday. The business’s fifty day moving average is $27.93 and its two-hundred day moving average is $28.13. The firm has a market cap of $69.51 billion, a P/E ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a 52 week low of $25.18 and a 52 week high of $29.72.

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.