Ironwood Investment Counsel LLC Grows Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Ironwood Investment Counsel LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 88.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 69,659 shares of the company’s stock after purchasing an additional 32,629 shares during the period. Ironwood Investment Counsel LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,902,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHD. Rakuten Investment Management Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $1,127,144,000. Avantax Advisory Services Inc. grew its holdings in Schwab US Dividend Equity ETF by 2.9% during the second quarter. Avantax Advisory Services Inc. now owns 28,436,927 shares of the company’s stock worth $753,579,000 after acquiring an additional 796,001 shares during the period. Envestnet Asset Management Inc. raised its position in Schwab US Dividend Equity ETF by 6.0% during the second quarter. Envestnet Asset Management Inc. now owns 19,215,884 shares of the company’s stock valued at $509,221,000 after acquiring an additional 1,083,206 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in Schwab US Dividend Equity ETF by 12.1% in the second quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock valued at $298,684,000 after acquiring an additional 1,217,005 shares during the period. Finally, Avantax Planning Partners Inc. boosted its position in Schwab US Dividend Equity ETF by 3.0% in the 3rd quarter. Avantax Planning Partners Inc. now owns 9,739,675 shares of the company’s stock worth $265,893,000 after purchasing an additional 280,277 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $31.47 on Friday. The stock has a market capitalization of $82.77 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The firm’s 50 day simple moving average is $28.42 and its 200-day simple moving average is $27.60. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $31.49.

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.