256,072 Shares in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Purchased by Johnson & White Wealth Management LLC

by · The Markets Daily

Johnson & White Wealth Management LLC bought a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) during the 4th quarter, Holdings Channel.com reports. The firm bought 256,072 shares of the company’s stock, valued at approximately $6,981,000. Schwab US Dividend Equity ETF makes up 4.2% of Johnson & White Wealth Management LLC’s investment portfolio, making the stock its 4th biggest position.

Several other large investors have also recently added to or reduced their stakes in the business. LPL Financial LLC grew its stake in shares of Schwab US Dividend Equity ETF by 3.1% in the third quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock valued at $974,748,000 after buying an additional 350,872 shares in the last quarter. Keystone Financial Planning Inc. grew its stake in Schwab US Dividend Equity ETF by 188.6% during the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after purchasing an additional 3,506,729 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in Schwab US Dividend Equity ETF by 7.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock valued at $361,948,000 after purchasing an additional 297,674 shares in the last quarter. Orgel Wealth Management LLC grew its stake in Schwab US Dividend Equity ETF by 1.7% during the 3rd quarter. Orgel Wealth Management LLC now owns 4,257,335 shares of the company’s stock valued at $359,873,000 after purchasing an additional 70,852 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in Schwab US Dividend Equity ETF by 2.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock valued at $306,788,000 after purchasing an additional 101,637 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.1 %

Shares of NYSEARCA SCHD opened at $27.30 on Tuesday. Schwab US Dividend Equity ETF has a fifty-two week low of $24.97 and a fifty-two week high of $29.72. The business has a 50 day moving average price of $28.27 and a two-hundred day moving average price of $27.78. The firm has a market cap of $19.15 billion, a PE ratio of 15.04 and a beta of 0.74.

Schwab US Dividend Equity ETF Company Profile

(Free Report)

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.

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