Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Missouri Trust & Investment Co

Missouri Trust & Investment Co boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 195.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 58,014 shares of the company’s stock after buying an additional 38,372 shares during the period. Missouri Trust & Investment Co’s holdings in Schwab US Dividend Equity ETF were worth $1,585,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHD. LPL Financial LLC boosted its position 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 worth $974,748,000 after acquiring an additional 350,872 shares during the last quarter. Orgel Wealth Management LLC raised its stake in Schwab US Dividend Equity ETF by 159.8% during the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock worth $302,220,000 after purchasing an additional 6,804,908 shares during the period. Keystone Financial Planning Inc. boosted its holdings 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 purchasing an additional 3,506,729 shares during the last quarter. Commonwealth Equity Services LLC grew its stake 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 valued at $361,948,000 after buying an additional 297,674 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of 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 worth $306,788,000 after buying an additional 101,637 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.8 %

Shares of SCHD opened at $28.22 on Wednesday. The stock’s fifty day simple moving average is $28.16 and its 200 day simple moving average is $27.85. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month high of $29.72. The firm has a market capitalization of $19.80 billion, a P/E ratio of 15.04 and a beta of 0.74.

Schwab US Dividend Equity ETF 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.