Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Missouri Trust & Investment Co

Missouri Trust & Investment Co raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 195.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 58,014 shares of the company’s stock after purchasing an additional 38,372 shares during the quarter. Missouri Trust & Investment Co’s holdings in Schwab US Dividend Equity ETF were worth $1,585,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. LPL Financial LLC increased 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 in the last quarter. Orgel Wealth Management LLC boosted 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 worth $302,220,000 after purchasing an additional 6,804,908 shares in the last quarter. Keystone Financial Planning Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 188.6% during the 4th 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 last quarter. Commonwealth Equity Services LLC raised its position in Schwab US Dividend Equity ETF by 7.5% during 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 during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of Schwab US Dividend Equity ETF by 2.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock valued at $306,788,000 after purchasing an additional 101,637 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $28.22 on Wednesday. The stock’s 50 day moving average price is $28.16 and its 200 day moving average price is $27.85. The firm has a market cap of $19.80 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 year high of $29.72.

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.