Van Cleef Asset Management Inc Purchases 172 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Van Cleef Asset Management Inc raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,412 shares of the company’s stock after acquiring an additional 172 shares during the quarter. Van Cleef Asset Management Inc’s holdings in Schwab US Dividend Equity ETF were worth $640,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. LPL Financial LLC increased its stake in Schwab US Dividend Equity ETF by 4.7% in the 3rd quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock worth $797,645,000 after acquiring an additional 503,970 shares during the last quarter. Avantax Advisory Services Inc. increased its stake in Schwab US Dividend Equity ETF by 3.7% in the 3rd quarter. Avantax Advisory Services Inc. now owns 7,458,984 shares of the company’s stock worth $527,798,000 after acquiring an additional 266,516 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Schwab US Dividend Equity ETF by 2.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,778,626 shares of the company’s stock worth $408,896,000 after acquiring an additional 145,168 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in Schwab US Dividend Equity ETF by 1.9% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 5,188,556 shares of the company’s stock worth $367,142,000 after acquiring an additional 96,234 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in Schwab US Dividend Equity ETF by 8.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 4,422,807 shares of the company’s stock worth $312,958,000 after acquiring an additional 348,710 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.7 %

Shares of NYSEARCA SCHD traded down $0.57 during trading hours on Thursday, hitting $77.56. 3,408,217 shares of the company traded hands, compared to its average volume of 3,638,004. The stock has a market capitalization of $54.26 billion, a price-to-earnings ratio of 14.82 and a beta of 0.77. The company’s 50 day moving average price is $78.29 and its 200 day moving average price is $75.13. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $80.82.

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.