Royal Bank of Canada Has $265.56 Million Stock Position in Schwab US Dividend Equity ETF $SCHD

Royal Bank of Canada raised its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 8.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,655,941 shares of the company’s stock after purchasing an additional 660,876 shares during the period. Royal Bank of Canada’s holdings in Schwab US Dividend Equity ETF were worth $265,563,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Mountain Hill Investment Partners Corp. increased its stake in shares of Schwab US Dividend Equity ETF by 1,241.8% in the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after purchasing an additional 832 shares during the last quarter. Merrithew & Thorsten Inc bought a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $25,000. Field & Main Bank bought a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $29,000. Dynamic Wealth Strategies LLC acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at about $29,000. Finally, Triumph Capital Management acquired a new stake in Schwab US Dividend Equity ETF in the third quarter valued at about $33,000.

Schwab US Dividend Equity ETF Stock Down 0.2%

Schwab US Dividend Equity ETF stock opened at $33.83 on Thursday. The stock has a market cap of $104.48 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12-month low of $26.21 and a 12-month high of $34.24. The business’s 50-day moving average price is $32.47 and its two-hundred day moving average price is $31.39.

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.