Dagco Inc. Grows Stock Position in Schwab US Dividend Equity ETF $SCHD

Dagco Inc. grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 12.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 782,084 shares of the company’s stock after acquiring an additional 84,872 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 5.2% of Dagco Inc.’s investment portfolio, making the stock its 6th largest position. Dagco Inc.’s holdings in Schwab US Dividend Equity ETF were worth $23,994,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in SCHD. Sumitomo Life Insurance Co. acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $847,665,000. Wells Fargo & Company MN boosted its position 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 valued at $279,883,000 after buying an additional 552,907 shares in the last quarter. Avantax Planning Partners Inc. boosted its position in Schwab US Dividend Equity ETF by 3.8% in the fourth quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock valued at $277,214,000 after buying an additional 366,548 shares in the last quarter. Cassaday & Co Wealth Management LLC boosted its position in Schwab US Dividend Equity ETF by 52.2% in 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 in the last quarter. Finally, Royal Bank of Canada grew its stake in shares of 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 worth $219,304,000 after buying an additional 304,047 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $31.96 on Friday. The company has a fifty day moving average of $31.93 and a 200-day moving average of $30.55. The company has a market capitalization of $90.72 billion, a PE ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 52-week low of $26.21 and a 52-week high of $32.92.

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.