Rockefeller Capital Management L.P. Purchases 82,981 Shares of Schwab US Dividend Equity ETF $SCHD

Rockefeller Capital Management L.P. grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 18.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 523,834 shares of the company’s stock after buying an additional 82,981 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Schwab US Dividend Equity ETF were worth $14,369,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Sumitomo Life Insurance Co. bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth about $847,665,000. Wells Fargo & Company MN raised its stake in Schwab US Dividend Equity ETF by 5.7% in the fourth quarter. Wells Fargo & Company MN now owns 10,203,553 shares of the company’s stock worth $279,883,000 after buying an additional 552,907 shares in the last quarter. Avantax Planning Partners Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 3.8% during the 4th quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock worth $277,214,000 after purchasing an additional 366,548 shares during the last quarter. Cassaday & Co Wealth Management LLC lifted its position in shares of Schwab US Dividend Equity ETF by 52.2% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock valued at $253,570,000 after buying an additional 3,170,728 shares during the last quarter. Finally, Royal Bank of Canada lifted its position in Schwab US Dividend Equity ETF by 4.0% during the fourth quarter. Royal Bank of Canada now owns 7,995,065 shares of the company’s stock valued at $219,304,000 after acquiring an additional 304,047 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $32.02 on Wednesday. The business has a fifty day moving average price of $31.88 and a 200-day moving average price of $30.49. Schwab US Dividend Equity ETF has a 1-year low of $26.16 and a 1-year high of $32.92. The stock has a market capitalization of $90.90 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67.

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.