Matrix Trust Co Has $15.26 Million Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Matrix Trust Co raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 192.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 558,669 shares of the company’s stock after buying an additional 367,776 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 2.7% of Matrix Trust Co’s portfolio, making the stock its 13th biggest holding. Matrix Trust Co owned 0.08% of Schwab US Dividend Equity ETF worth $15,263,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Wulff Hansen & CO. lifted its position in Schwab US Dividend Equity ETF by 8,405.3% during the 2nd quarter. Wulff Hansen & CO. now owns 1,455,434 shares of the company’s stock worth $113,175,000 after acquiring an additional 1,438,322 shares during the last quarter. Burkett Financial Services LLC increased its stake in shares of Schwab US Dividend Equity ETF by 201.1% in the fourth quarter. Burkett Financial Services LLC now owns 1,542,139 shares of the company’s stock worth $42,131,000 after purchasing an additional 1,030,031 shares during the period. Sanctuary Advisors LLC lifted its position in shares of Schwab US Dividend Equity ETF by 209.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 912,589 shares of the company’s stock worth $77,141,000 after purchasing an additional 617,308 shares during the last quarter. Allied Investment Advisors LLC boosted its stake in Schwab US Dividend Equity ETF by 18,100.5% during the 3rd quarter. Allied Investment Advisors LLC now owns 477,398 shares of the company’s stock valued at $40,354,000 after purchasing an additional 474,775 shares during the period. Finally, Waller Financial Planning Group Inc. grew its holdings in Schwab US Dividend Equity ETF by 202.0% in the 4th quarter. Waller Financial Planning Group Inc. now owns 678,808 shares of the company’s stock valued at $18,545,000 after buying an additional 454,012 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $27.01 on Monday. The company has a fifty day moving average price of $28.29 and a 200 day moving average price of $27.77. The stock has a market cap of $18.95 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a one year low of $24.97 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.