Carrera Capital Advisors Increases Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Carrera Capital Advisors grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 299.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,685 shares of the company’s stock after acquiring an additional 11,762 shares during the period. Carrera Capital Advisors’ holdings in Schwab US Dividend Equity ETF were worth $429,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Sumitomo Life Insurance Co. boosted its holdings in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after purchasing an additional 17,880,000 shares in the last quarter. Wealthspire Advisors LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 195.8% in the fourth quarter. Wealthspire Advisors LLC now owns 15,144,112 shares of the company’s stock valued at $413,737,000 after buying an additional 10,024,156 shares in the last quarter. LPL Financial LLC boosted its stake 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 buying an additional 350,872 shares in the last quarter. Orgel Wealth Management LLC grew its holdings 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 acquiring an additional 6,804,908 shares during the period. Finally, Cassaday & Co Wealth Management LLC raised its position in Schwab US Dividend Equity ETF by 210.2% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 5,755,912 shares of the company’s stock worth $157,252,000 after acquiring an additional 3,900,238 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $27.92 on Wednesday. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72. The firm has a market capitalization of $68.40 billion, a P/E ratio of 17.48 and a beta of 0.88. The company’s fifty day moving average is $27.81 and its two-hundred day moving average is $28.12.

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.