Fifth Third Bancorp Raises Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Fifth Third Bancorp increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 192.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,038,718 shares of the company’s stock after buying an additional 2,000,527 shares during the period. Fifth Third Bancorp owned 0.43% of Schwab US Dividend Equity ETF worth $83,018,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Colorado Capital Management Inc. grew its position in Schwab US Dividend Equity ETF by 1.1% in the third quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock worth $980,000 after acquiring an additional 121 shares in the last quarter. Brick & Kyle Associates boosted its holdings in shares of Schwab US Dividend Equity ETF by 2.9% in the 2nd quarter. Brick & Kyle Associates now owns 4,551 shares of the company’s stock worth $354,000 after purchasing an additional 130 shares during the period. Ascent Group LLC increased its position in shares of Schwab US Dividend Equity ETF by 1.2% during the 2nd quarter. Ascent Group LLC now owns 12,091 shares of the company’s stock valued at $940,000 after purchasing an additional 145 shares during the last quarter. Sunflower Bank N.A. raised its holdings in Schwab US Dividend Equity ETF by 4.2% during the 3rd quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock valued at $384,000 after buying an additional 185 shares during the period. Finally, Sound Income Strategies LLC lifted its position in Schwab US Dividend Equity ETF by 12.5% in the third quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock worth $145,000 after buying an additional 191 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.1 %

SCHD stock opened at $28.07 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month high of $29.72. The stock has a market capitalization of $19.69 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The firm’s fifty day simple moving average is $28.10 and its two-hundred day simple moving average is $27.89.

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.