Parkside Financial Bank & Trust Grows Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Parkside Financial Bank & Trust boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 191.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 26,156 shares of the company’s stock after buying an additional 17,179 shares during the period. Parkside Financial Bank & Trust’s holdings in Schwab US Dividend Equity ETF were worth $715,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of SCHD. Sumitomo Life Insurance Co. raised 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 during the period. Wealthspire Advisors LLC grew its position in Schwab US Dividend Equity ETF by 195.8% in the 4th quarter. Wealthspire Advisors LLC now owns 15,144,112 shares of the company’s stock valued at $413,737,000 after acquiring an additional 10,024,156 shares during the last quarter. Orgel Wealth Management LLC grew its position in 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 valued at $302,220,000 after acquiring an additional 6,804,908 shares during the last quarter. Cassaday & Co Wealth Management LLC grew its position in 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 valued at $157,252,000 after acquiring an additional 3,900,238 shares during the last quarter. Finally, Strategic Financial Concepts LLC grew its position in Schwab US Dividend Equity ETF by 9,346.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 3,576,526 shares of the company’s stock valued at $97,711,000 after acquiring an additional 3,538,664 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.3 %

Shares of Schwab US Dividend Equity ETF stock opened at $28.54 on Friday. The stock’s fifty day moving average is $27.78 and its two-hundred day moving average is $28.09. The company has a market capitalization of $69.92 billion, a PE ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a 52 week low of $25.18 and a 52 week 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.