Silver Oak Securities Incorporated Grows Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Silver Oak Securities Incorporated grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 20.6% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 398,449 shares of the company’s stock after buying an additional 68,055 shares during the period. Schwab US Dividend Equity ETF accounts for about 0.9% of Silver Oak Securities Incorporated’s portfolio, making the stock its 25th largest position. Silver Oak Securities Incorporated’s holdings in Schwab US Dividend Equity ETF were worth $12,224,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of SCHD. Elmwood Wealth Management Inc. purchased a new position in Schwab US Dividend Equity ETF in the fourth quarter worth $1,003,000. Bell Bank increased its position in shares of Schwab US Dividend Equity ETF by 53.3% during the fourth quarter. Bell Bank now owns 104,155 shares of the company’s stock worth $2,857,000 after purchasing an additional 36,212 shares in the last quarter. Aspire Capital Advisors LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 2.9% during the 4th quarter. Aspire Capital Advisors LLC now owns 1,063,961 shares of the company’s stock valued at $29,184,000 after purchasing an additional 30,146 shares during the last quarter. BIP Wealth LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at $1,589,000. Finally, Freestone Capital Holdings LLC boosted its position in shares of Schwab US Dividend Equity ETF by 62.7% in the 4th quarter. Freestone Capital Holdings LLC now owns 42,792 shares of the company’s stock worth $1,174,000 after purchasing an additional 16,486 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $31.72 on Thursday. Schwab US Dividend Equity ETF has a 1-year low of $26.16 and a 1-year high of $32.92. The stock’s fifty day moving average price is $31.90 and its 200 day moving average price is $30.52. The company has a market cap of $90.04 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67.

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.