Freestate Advisors LLC Boosts Stock Position in Schwab US Dividend Equity ETF $SCHD

Freestate Advisors LLC boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 87,219 shares of the company’s stock after acquiring an additional 4,969 shares during the period. Schwab US Dividend Equity ETF accounts for 2.1% of Freestate Advisors LLC’s holdings, making the stock its 10th biggest position. Freestate Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,311,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Kingstone Capital Partners Texas LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at about $1,031,129,000. LPL Financial LLC increased its position in Schwab US Dividend Equity ETF by 6.8% during the first quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock worth $1,084,442,000 after acquiring an additional 2,470,706 shares during the period. Wealthspire Advisors LLC increased its position in Schwab US Dividend Equity ETF by 95.2% during the first quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock worth $826,353,000 after acquiring an additional 14,410,724 shares during the period. Avantax Advisory Services Inc. increased its position in Schwab US Dividend Equity ETF by 6.3% during the first quarter. Avantax Advisory Services Inc. now owns 27,640,926 shares of the company’s stock worth $772,840,000 after acquiring an additional 1,637,300 shares during the period. Finally, Ameriprise Financial Inc. increased its position in Schwab US Dividend Equity ETF by 0.7% during the first quarter. Ameriprise Financial Inc. now owns 17,539,875 shares of the company’s stock worth $491,196,000 after acquiring an additional 113,330 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $26.99 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.72. The firm has a market cap of $70.40 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. The firm’s 50-day simple moving average is $27.32 and its 200 day simple moving average is $26.78.

About Schwab US Dividend Equity ETF

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.