Truvestments Capital LLC Has $116,000 Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Truvestments Capital LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 13,545.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,230 shares of the company’s stock after purchasing an additional 4,199 shares during the period. Truvestments Capital LLC’s holdings in Schwab US Dividend Equity ETF were worth $116,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of SCHD. Raymond James Financial Inc. acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter valued at $592,939,000. Sumitomo Life Insurance Co. raised its position in Schwab US Dividend Equity ETF by 200.0% during the fourth 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 during the period. Wealthspire Advisors LLC raised its position in Schwab US Dividend Equity ETF by 195.8% during the fourth quarter. Wealthspire Advisors LLC now owns 15,144,112 shares of the company’s stock valued at $413,737,000 after buying an additional 10,024,156 shares during the period. Orgel Wealth Management LLC raised its position in Schwab US Dividend Equity ETF by 159.8% during the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock valued at $302,220,000 after buying an additional 6,804,908 shares during the period. Finally, Avantax Planning Partners Inc. raised its position in Schwab US Dividend Equity ETF by 202.0% during the fourth quarter. Avantax Planning Partners Inc. now owns 9,380,983 shares of the company’s stock valued at $256,288,000 after buying an additional 6,274,985 shares during the period.

Schwab US Dividend Equity ETF Trading Down 1.1 %

NYSEARCA:SCHD opened at $27.44 on Thursday. The firm has a market capitalization of $68.05 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a 1-year low of $25.18 and a 1-year high of $29.72. The business’s fifty day moving average price is $27.88 and its 200 day moving average price is $28.14.

Schwab US Dividend Equity ETF Company 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.