Allspring Global Investments Holdings LLC Has $75,000 Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Allspring Global Investments Holdings LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,733 shares of the company’s stock after purchasing an additional 1,822 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Schwab US Dividend Equity ETF were worth $75,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Avidian Wealth Enterprises LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 230.8% in the 4th quarter. Avidian Wealth Enterprises LLC now owns 146,742 shares of the company’s stock worth $4,009,000 after acquiring an additional 102,377 shares during the last quarter. Gladstone Institutional Advisory LLC grew its holdings in Schwab US Dividend Equity ETF by 259.1% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 140,393 shares of the company’s stock worth $3,836,000 after buying an additional 101,294 shares in the last quarter. Atlas Wealth Partners LLC grew its holdings in Schwab US Dividend Equity ETF by 222.8% during the fourth quarter. Atlas Wealth Partners LLC now owns 85,709 shares of the company’s stock worth $2,342,000 after buying an additional 59,157 shares in the last quarter. Perissos Private Wealth Management LLC raised its position in Schwab US Dividend Equity ETF by 208.9% in the 4th quarter. Perissos Private Wealth Management LLC now owns 24,830 shares of the company’s stock valued at $678,000 after buying an additional 16,791 shares during the last quarter. Finally, MeadowBrook Investment Advisors LLC lifted its stake in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. MeadowBrook Investment Advisors LLC now owns 7,407 shares of the company’s stock valued at $202,000 after acquiring an additional 4,938 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $28.15 on Thursday. The firm’s fifty day moving average price is $27.73 and its two-hundred day moving average price is $28.08. The company has a market capitalization of $68.97 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. 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.