Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD) Stock Position Increased by Old Port Advisors

Old Port Advisors raised its holdings in Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD – Get Rating) by 10.2% during the 4th quarter, Holdings Channel reports. The firm owned 69,330 shares of the company’s stock after purchasing an additional 6,438 shares during the quarter. Schwab U.S. Dividend Equity ETF comprises 2.0% of Old Port Advisors’ investment portfolio, making the stock its 3rd biggest holding. Old Port Advisors’ holdings in Schwab U.S. Dividend Equity ETF were worth $5,237,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of SCHD. Eagle Capital Management LLC lifted its stake in shares of Schwab U.S. Dividend Equity ETF by 0.3% during the third quarter. Eagle Capital Management LLC now owns 49,153 shares of the company’s stock valued at $3,265,000 after buying an additional 164 shares during the period. Stratos Wealth Advisors LLC lifted its stake in shares of Schwab U.S. Dividend Equity ETF by 9.3% during the third quarter. Stratos Wealth Advisors LLC now owns 24,610 shares of the company’s stock valued at $1,635,000 after buying an additional 2,092 shares during the period. First Republic Investment Management Inc. lifted its stake in shares of Schwab U.S. Dividend Equity ETF by 23.6% during the second quarter. First Republic Investment Management Inc. now owns 834,043 shares of the company’s stock valued at $59,742,000 after buying an additional 159,224 shares during the period. TrueWealth Advisors LLC lifted its stake in shares of Schwab U.S. Dividend Equity ETF by 45.9% during the third quarter. TrueWealth Advisors LLC now owns 85,487 shares of the company’s stock valued at $5,679,000 after buying an additional 26,883 shares during the period. Finally, Good Life Advisors LLC increased its position in Schwab U.S. Dividend Equity ETF by 25.0% during the third quarter. Good Life Advisors LLC now owns 12,963 shares of the company’s stock worth $861,000 after purchasing an additional 2,596 shares during the last quarter.

Schwab U.S. Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $70.51 on Friday. Schwab U.S. Dividend Equity ETF has a one year low of $65.96 and a one year high of $81.01. The company has a 50 day moving average price of $75.69 and a 200 day moving average price of $74.21. The firm has a market capitalization of $42.86 billion, a price-to-earnings ratio of 14.38 and a beta of 0.90.

Schwab U.S. Dividend Equity ETF Company Profile

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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.