Curbstone Financial Management Corp Increases Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Curbstone Financial Management Corp raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 212.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 406,846 shares of the company’s stock after purchasing an additional 276,524 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 2.4% of Curbstone Financial Management Corp’s holdings, making the stock its 9th biggest position. Curbstone Financial Management Corp owned 0.06% of Schwab US Dividend Equity ETF worth $11,115,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 3.1% in the 3rd quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock worth $974,748,000 after buying an additional 350,872 shares during the last quarter. Orgel Wealth Management LLC grew its position in Schwab US Dividend Equity ETF by 159.8% in the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock worth $302,220,000 after acquiring an additional 6,804,908 shares in the last quarter. Keystone Financial Planning Inc. increased its stake in Schwab US Dividend Equity ETF by 188.6% during the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after acquiring an additional 3,506,729 shares during the last quarter. Commonwealth Equity Services LLC raised its position in Schwab US Dividend Equity ETF by 7.5% during the third 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 during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 2.9% in 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 during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $28.45 on Tuesday. The stock has a market cap of $19.96 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The stock has a 50 day moving average price of $28.10 and a 200-day moving average price of $27.92. Schwab US Dividend Equity ETF has a one year low of $25.16 and a one year high of $29.72.

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.