Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Arkadios Wealth Advisors

Arkadios Wealth Advisors increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 213.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 83,114 shares of the company’s stock after buying an additional 56,571 shares during the period. Arkadios Wealth Advisors’ holdings in Schwab US Dividend Equity ETF were worth $2,271,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. LPL Financial LLC boosted its position 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 in the last quarter. Keystone Financial Planning Inc. lifted its holdings in 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 in the last quarter. Commonwealth Equity Services LLC lifted its holdings in Schwab US Dividend Equity ETF by 7.5% in 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 lifted its holdings in Schwab US Dividend Equity ETF by 1.7% in 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 lifted its holdings in 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 in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.6 %

NYSEARCA:SCHD opened at $27.99 on Friday. The firm has a market cap of $19.63 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The company’s 50-day moving average is $28.19 and its two-hundred day moving average is $27.82. Schwab US Dividend Equity ETF has a 12-month low of $25.03 and a 12-month 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.