Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Synergy Financial Group LTD

Synergy Financial Group LTD increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 189.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,633 shares of the company’s stock after buying an additional 4,998 shares during the period. Synergy Financial Group LTD’s holdings in Schwab US Dividend Equity ETF were worth $209,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sumitomo Life Insurance Co. grew its position in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after acquiring an additional 17,880,000 shares during the period. Wealthspire Advisors LLC boosted its position in Schwab US Dividend Equity ETF by 195.8% during the fourth quarter. Wealthspire Advisors LLC now owns 15,144,112 shares of the company’s stock worth $413,737,000 after purchasing an additional 10,024,156 shares in the last quarter. LPL Financial LLC grew its holdings in Schwab US Dividend Equity ETF by 3.1% in the third quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock valued at $974,748,000 after purchasing an additional 350,872 shares during the period. Orgel Wealth Management LLC increased its position in shares of Schwab US Dividend Equity ETF by 159.8% in the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock valued at $302,220,000 after buying an additional 6,804,908 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC raised its stake in shares of Schwab US Dividend Equity ETF by 210.2% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 5,755,912 shares of the company’s stock worth $157,252,000 after buying an additional 3,900,238 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $28.26 on Tuesday. The stock has a market capitalization of $69.24 billion, a P/E ratio of 17.48 and a beta of 0.88. The company’s fifty day moving average price is $27.69 and its 200 day moving average price is $28.05. Schwab US Dividend Equity ETF has a 1 year low of $25.18 and a 1 year high of $29.72.

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.