Laurel Oak Wealth Management LLC Grows Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Laurel Oak Wealth Management LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 84.1% during the first quarter, HoldingsChannel reports. The firm owned 54,480 shares of the company’s stock after acquiring an additional 24,886 shares during the period. Laurel Oak Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,671,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in SCHD. Wells Fargo & Company MN increased its holdings in shares of Schwab US Dividend Equity ETF by 5.7% in the fourth quarter. Wells Fargo & Company MN now owns 10,203,553 shares of the company’s stock valued at $279,883,000 after purchasing an additional 552,907 shares during the last quarter. Avantax Planning Partners Inc. lifted its position in Schwab US Dividend Equity ETF by 3.8% during the fourth quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock worth $277,214,000 after buying an additional 366,548 shares in the last quarter. Cassaday & Co Wealth Management LLC boosted its stake in Schwab US Dividend Equity ETF by 52.2% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock worth $253,570,000 after buying an additional 3,170,728 shares during the last quarter. Royal Bank of Canada boosted its stake in Schwab US Dividend Equity ETF by 4.0% during the fourth quarter. Royal Bank of Canada now owns 7,995,065 shares of the company’s stock worth $219,304,000 after buying an additional 304,047 shares during the last quarter. Finally, Cibc World Market Inc. grew its holdings in Schwab US Dividend Equity ETF by 31.8% in the 4th quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock valued at $192,634,000 after buying an additional 1,694,144 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.4%

Shares of NYSEARCA:SCHD opened at $32.09 on Friday. Schwab US Dividend Equity ETF has a 52-week low of $26.21 and a 52-week high of $32.92. The stock has a market cap of $91.09 billion, a P/E ratio of 14.57 and a beta of 0.67. The business has a fifty day moving average of $31.96 and a two-hundred day moving average of $30.56.

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.