Callan Capital LLC Grows Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Callan Capital LLC raised its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,875 shares of the company’s stock after buying an additional 6,583 shares during the quarter. Callan Capital LLC’s holdings in Schwab US Dividend Equity ETF were worth $270,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Sumitomo Life Insurance Co. grew its holdings 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 boosted its holdings in shares of Schwab US Dividend Equity ETF by 3.1% in the 3rd quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock worth $974,748,000 after purchasing an additional 350,872 shares during the period. Orgel Wealth Management LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 159.8% in the 4th quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock worth $302,220,000 after purchasing an additional 6,804,908 shares during the period. Cassaday & Co Wealth Management LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 210.2% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 5,755,912 shares of the company’s stock worth $157,252,000 after purchasing an additional 3,900,238 shares during the period. Finally, Keystone Financial Planning Inc. boosted its holdings 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 worth $146,589,000 after purchasing an additional 3,506,729 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $28.21 on Friday. The stock has a market cap of $69.11 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. The stock has a 50 day moving average price of $27.69 and a 200-day moving average price of $28.03. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72.

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.