Wealth Enhancement Advisory Services LLC Purchases 2,053 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Wealth Enhancement Advisory Services LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,631,391 shares of the company’s stock after purchasing an additional 2,053 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.52% of Schwab US Dividend Equity ETF worth $99,210,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in SCHD. LPL Financial LLC boosted its position 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 acquiring an additional 350,872 shares during the period. Commonwealth Equity Services LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 7.5% during the third quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock worth $361,948,000 after purchasing an additional 297,674 shares during the period. Orgel Wealth Management LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 1.7% in the third quarter. Orgel Wealth Management LLC now owns 4,257,335 shares of the company’s stock valued at $359,873,000 after buying an additional 70,852 shares during the period. Keystone Financial Planning Inc. increased its stake in Schwab US Dividend Equity ETF by 5.4% during the 3rd quarter. Keystone Financial Planning Inc. now owns 1,858,898 shares of the company’s stock worth $157,133,000 after acquiring an additional 94,765 shares during the period. Finally, Cassaday & Co Wealth Management LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 6.6% during the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 1,855,674 shares of the company’s stock worth $156,860,000 after purchasing an additional 114,982 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD traded down $0.30 on Friday, hitting $27.02. 6,627,974 shares of the stock were exchanged, compared to its average volume of 14,603,362. Schwab US Dividend Equity ETF has a 12 month low of $24.97 and a 12 month high of $29.72. The firm has a market capitalization of $18.95 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The business has a 50-day moving average of $28.31 and a two-hundred day moving average of $27.74.

About Schwab US Dividend Equity ETF

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.