Oppenheimer & Co. Inc. Has $17.25 Million Holdings in Schwab US Dividend Equity ETF $SCHD

Oppenheimer & Co. Inc. raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 8.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 632,018 shares of the company’s stock after acquiring an additional 50,462 shares during the period. Oppenheimer & Co. Inc.’s holdings in Schwab US Dividend Equity ETF were worth $17,254,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Biltmore Family Office LLC increased its position in Schwab US Dividend Equity ETF by 116.4% during the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after purchasing an additional 524 shares in the last quarter. Independence Bank of Kentucky bought a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $41,000. True Wealth Design LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 42.9% during the third quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock worth $41,000 after buying an additional 450 shares in the last quarter. Total Investment Management Inc. bought a new position in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at $43,000. Finally, Morton Brown Family Wealth LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 41.2% during the 3rd quarter. Morton Brown Family Wealth LLC now owns 1,635 shares of the company’s stock valued at $45,000 after acquiring an additional 477 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.6%

Shares of SCHD stock opened at $31.47 on Monday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $31.49. The stock’s fifty day simple moving average is $28.42 and its 200 day simple moving average is $27.61. The firm has a market capitalization of $82.77 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.