Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Johnson Investment Counsel Inc.

Johnson Investment Counsel Inc. increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 121,944 shares of the company’s stock after purchasing an additional 81,379 shares during the quarter. Johnson Investment Counsel Inc.’s holdings in Schwab US Dividend Equity ETF were worth $3,332,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Midland Wealth Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF by 198.3% in the fourth quarter. Midland Wealth Advisors LLC now owns 18,736 shares of the company’s stock worth $512,000 after purchasing an additional 12,455 shares during the period. Moran Wealth Management LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 326.7% in the 4th quarter. Moran Wealth Management LLC now owns 150,921 shares of the company’s stock worth $4,123,000 after purchasing an additional 115,552 shares in the last quarter. New Insight Wealth Advisors raised its holdings in shares of Schwab US Dividend Equity ETF by 216.6% in the 4th quarter. New Insight Wealth Advisors now owns 522,380 shares of the company’s stock worth $14,271,000 after purchasing an additional 357,380 shares in the last quarter. REDW Wealth LLC acquired a new stake in Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $1,325,000. Finally, Fairscale Capital LLC boosted its holdings in Schwab US Dividend Equity ETF by 200.2% during the fourth quarter. Fairscale Capital LLC now owns 60,311 shares of the company’s stock worth $1,648,000 after buying an additional 40,219 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $28.38 on Tuesday. The stock has a market capitalization of $70.38 billion, a P/E ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a 1 year low of $25.18 and a 1 year high of $29.72. The business’s fifty day moving average is $27.87 and its two-hundred day moving average is $28.14.

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.