Stephens Inc. AR Acquires 99,254 Shares of Schwab US Dividend Equity ETF $SCHD

Stephens Inc. AR raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.8% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,807,762 shares of the company’s stock after acquiring an additional 99,254 shares during the period. Schwab US Dividend Equity ETF makes up 0.7% of Stephens Inc. AR’s investment portfolio, making the stock its 27th largest position. Stephens Inc. AR owned about 0.06% of Schwab US Dividend Equity ETF worth $55,462,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Pine Harbor Wealth Management LLC bought a new stake in Schwab US Dividend Equity ETF during the first quarter valued at approximately $209,000. Steigerwald Gordon & Koch Inc. raised its position in shares of Schwab US Dividend Equity ETF by 73.4% during the 1st quarter. Steigerwald Gordon & Koch Inc. now owns 4,233 shares of the company’s stock valued at $130,000 after buying an additional 1,792 shares in the last quarter. GM Advisory Group LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 18.4% during the 1st quarter. GM Advisory Group LLC now owns 167,364 shares of the company’s stock worth $5,135,000 after acquiring an additional 26,058 shares during the last quarter. Astoria Portfolio Advisors LLC. lifted its holdings in shares of Schwab US Dividend Equity ETF by 4.9% during the 1st quarter. Astoria Portfolio Advisors LLC. now owns 62,763 shares of the company’s stock worth $1,954,000 after acquiring an additional 2,905 shares during the last quarter. Finally, St. Johns Investment Management Company LLC grew its position in Schwab US Dividend Equity ETF by 5.1% in the first quarter. St. Johns Investment Management Company LLC now owns 247,635 shares of the company’s stock worth $7,597,000 after acquiring an additional 11,985 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $32.39 on Monday. The stock’s 50-day simple moving average is $32.06 and its two-hundred day simple moving average is $30.74. Schwab US Dividend Equity ETF has a twelve month low of $26.21 and a twelve month high of $32.92. The company has a market capitalization of $97.86 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

Schwab US Dividend Equity ETF Company 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.