Apella Capital LLC Raises Holdings in Schwab US Dividend Equity ETF $SCHD

Apella Capital LLC increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 164.0% in the 1st quarter, Holdings Channel reports. The institutional investor owned 42,485 shares of the company’s stock after purchasing an additional 26,390 shares during the period. Apella Capital LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,319,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Wells Fargo & Company MN grew its position in shares of Schwab US Dividend Equity ETF by 5.7% during the 4th quarter. Wells Fargo & Company MN now owns 10,203,553 shares of the company’s stock valued at $279,883,000 after purchasing an additional 552,907 shares in the last quarter. Avantax Planning Partners Inc. boosted its holdings 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 valued at $277,214,000 after buying an additional 366,548 shares in the last quarter. Cassaday & Co Wealth Management LLC raised its position in Schwab US Dividend Equity ETF by 52.2% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock worth $253,570,000 after buying an additional 3,170,728 shares during the last quarter. Royal Bank of Canada boosted its holdings in shares of Schwab US Dividend Equity ETF by 4.0% during the 4th 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. Finally, Cibc World Market Inc. increased its position in shares of Schwab US Dividend Equity ETF by 31.8% during the 4th quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock valued at $192,634,000 after purchasing an additional 1,694,144 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $32.09 on Friday. Schwab US Dividend Equity ETF has a one year low of $26.21 and a one year high of $32.92. The stock has a market cap of $91.09 billion, a P/E ratio of 14.57 and a beta of 0.67. The stock’s fifty day moving average is $31.96 and its 200 day moving average is $30.56.

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.