Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Dorsey & Whitney Trust CO LLC

Dorsey & Whitney Trust CO LLC boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 199.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,632 shares of the company’s stock after purchasing an additional 11,080 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in Schwab US Dividend Equity ETF were worth $454,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Fairfield Financial Advisors LTD boosted its holdings in Schwab US Dividend Equity ETF by 202.5% in the fourth quarter. Fairfield Financial Advisors LTD now owns 1,552 shares of the company’s stock valued at $42,000 after purchasing an additional 1,039 shares in the last quarter. Rialto Wealth Management LLC acquired a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $64,000. Larson Financial Group LLC boosted its holdings in Schwab US Dividend Equity ETF by 251.1% in the fourth quarter. Larson Financial Group LLC now owns 91,447 shares of the company’s stock valued at $2,498,000 after purchasing an additional 65,400 shares in the last quarter. HM Payson & Co. boosted its holdings in shares of Schwab US Dividend Equity ETF by 150.9% in the fourth quarter. HM Payson & Co. now owns 10,204 shares of the company’s stock valued at $279,000 after acquiring an additional 6,137 shares during the period. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 212.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 121,586 shares of the company’s stock valued at $3,322,000 after acquiring an additional 82,716 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.3 %

SCHD stock opened at $28.38 on Tuesday. The company has a market capitalization of $70.38 billion, a P/E ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a twelve month low of $25.18 and a twelve month high of $29.72. The business has a 50 day simple moving average of $27.87 and a 200-day simple moving average of $28.14.

About Schwab US Dividend Equity ETF

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.