Liberty Capital Management Inc. Boosts Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Liberty Capital Management Inc. grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 198.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 73,886 shares of the company’s stock after buying an additional 49,125 shares during the quarter. Liberty Capital Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $2,019,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of SCHD. Sumitomo Life Insurance Co. increased its position in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after buying an additional 17,880,000 shares in the last quarter. LPL Financial LLC grew 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 purchasing an additional 350,872 shares during the period. Orgel Wealth Management LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 159.8% in the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock valued at $302,220,000 after purchasing an additional 6,804,908 shares during the period. Keystone Financial Planning Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 188.6% in the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after acquiring an additional 3,506,729 shares during the period. Finally, HHM Wealth Advisors LLC lifted its stake in Schwab US Dividend Equity ETF by 207.3% during the fourth quarter. HHM Wealth Advisors LLC now owns 4,872,578 shares of the company’s stock worth $133,119,000 after purchasing an additional 3,286,917 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $27.56 on Monday. Schwab US Dividend Equity ETF has a 1-year low of $25.16 and a 1-year high of $29.72. The stock has a market cap of $19.33 billion, a PE ratio of 15.04 and a beta of 0.74. The firm has a fifty day moving average price of $27.85 and a 200 day moving average price of $27.98.

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.