GPS Wealth Strategies Group LLC Increases Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

GPS Wealth Strategies Group LLC lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 207.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,085 shares of the company’s stock after buying an additional 17,593 shares during the period. GPS Wealth Strategies Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $713,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Sumitomo Life Insurance Co. lifted its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after purchasing an additional 17,880,000 shares in the last quarter. LPL Financial LLC raised its holdings in 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 buying an additional 350,872 shares during the period. Orgel Wealth Management LLC lifted 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 in the last quarter. Keystone Financial Planning Inc. grew its stake in Schwab US Dividend Equity ETF by 188.6% during the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after buying an additional 3,506,729 shares during the period. Finally, Commonwealth Equity Services LLC increased its position in shares of Schwab US Dividend Equity ETF by 7.5% in the third quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock worth $361,948,000 after acquiring an additional 297,674 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.5 %

Shares of SCHD stock opened at $27.83 on Monday. The company has a market cap of $19.52 billion, a PE ratio of 15.04 and a beta of 0.74. The company’s fifty day simple moving average is $28.02 and its 200-day simple moving average is $27.96. Schwab US Dividend Equity ETF has a 52 week low of $25.16 and a 52 week high of $29.72.

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.