Exeter Financial LLC Increases Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Exeter Financial LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 206.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 165,729 shares of the company’s stock after purchasing an additional 111,622 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 2.1% of Exeter Financial LLC’s portfolio, making the stock its 13th largest holding. Exeter Financial LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,528,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in SCHD. LPL Financial LLC grew its holdings 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 purchasing an additional 350,872 shares during the period. Keystone Financial Planning Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 188.6% in the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after buying an additional 3,506,729 shares during the period. Commonwealth Equity Services LLC increased its holdings in shares of 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 worth $361,948,000 after buying an additional 297,674 shares during the last quarter. Orgel Wealth Management LLC raised its position in shares of 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 buying an additional 70,852 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in Schwab US Dividend Equity ETF by 2.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock valued at $306,788,000 after acquiring an additional 101,637 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock 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 firm has a market capitalization of $19.15 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The stock has a 50 day moving average of $28.27 and a 200 day moving average of $27.78.

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.