Donaldson Capital Management LLC Has $7.04 Million Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Donaldson Capital Management LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 211.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 257,709 shares of the company’s stock after acquiring an additional 174,905 shares during the period. Donaldson Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $7,041,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Sumitomo Life Insurance Co. grew its stake in shares of 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 during the period. Raymond James Financial Inc. bought a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $592,939,000. Wealthspire Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF by 195.8% in the 4th quarter. Wealthspire Advisors LLC now owns 15,144,112 shares of the company’s stock valued at $413,737,000 after purchasing an additional 10,024,156 shares during the period. LPL Financial LLC grew its stake in shares of Schwab US Dividend Equity ETF by 3.1% in the 3rd quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock valued at $974,748,000 after purchasing an additional 350,872 shares during the period. Finally, Orgel Wealth Management LLC grew 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 during the period.

Schwab US Dividend Equity ETF Trading Down 0.3 %

SCHD stock opened at $28.38 on Tuesday. Schwab US Dividend Equity ETF has a 1-year low of $25.18 and a 1-year high of $29.72. The firm has a market cap of $70.38 billion, a P/E ratio of 17.56 and a beta of 0.86. The business’s 50 day moving average is $27.87 and its 200-day moving average is $28.14.

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.