Sigma Planning Corp Buys 610,938 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Sigma Planning Corp grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 206.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 907,541 shares of the company’s stock after purchasing an additional 610,938 shares during the period. Schwab US Dividend Equity ETF comprises about 0.8% of Sigma Planning Corp’s portfolio, making the stock its 16th largest position. Sigma Planning Corp owned about 0.13% of Schwab US Dividend Equity ETF worth $24,794,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in SCHD. JPMorgan Chase & Co. raised its stake in Schwab US Dividend Equity ETF by 7.2% in the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after purchasing an additional 104,855 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock valued at $266,000 after acquiring an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Schwab US Dividend Equity ETF in the third quarter valued at $163,000. Tenon Financial LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 200.1% during the 4th quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock valued at $412,000 after buying an additional 10,082 shares in the last quarter. Finally, Summit Wealth & Retirement Planning Inc. grew its position in shares of Schwab US Dividend Equity ETF by 195.0% in the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock worth $715,000 after buying an additional 17,305 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $28.21 on Friday. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72. The company’s 50-day moving average is $27.69 and its 200 day moving average is $28.02. The company has a market capitalization of $69.11 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88.

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.