Who owns Schwab U.S. Dividend Equity ETF?
Prices and market caps: Cboe delayed data, at least 15 minutes delayed. Not real-time. Fundamentals from company filings.
Institutional ownership of SCHD from SEC Form 13F filings across 2,149 reporting managers. All positions are from one synchronized reporting period — 2026-06-30 books, filed up to 45 days after quarter end — so every row is comparable.
As of the 2026-06-30 reporting period, 2,149 institutions disclosed 833.2M shares of Schwab U.S. Dividend Equity ETF worth $26.13B — about 29.1% of shares outstanding; the largest disclosed holder is SUMITOMO LIFE INSURANCE CO. Source: SEC Form 13F filings, parsed by EvidInvest.
2,149
13F holders
$26.13B
value, 2026 filers
29.1%
of shares outstanding (833.2M sh)
229
new positions (2026 filers)
Top institutional holders
ordered by shares owned · positions as of 2026-06-30 · % of fund = share of the manager's own book · % of co. = share of SCHD's shares outstanding
| # | Manager | Shares | Value | % of fund | % of co. | Δ shares QoQ |
|---|---|---|---|---|---|---|
| 1 | SUMITOMO LIFE INSURANCE CO | 59.6M | $1.89B | 30.9% | 2.1% | +31.1% |
| 2 | Rakuten Investment Management, Inc. | 47.1M | $1.51B | 4.3% | 1.6% | -43.3% |
| 3 | BANK OF AMERICA CORP /DE/ | 36.0M | $1.14B | 0.1% | 1.3% | +16.5% |
| 4 | LPL Financial LLC | 33.5M | $1.06B | 0.2% | 1.2% | +8.5% |
| 5 | MORGAN STANLEY | 27.9M | $884.2M | 0.0% | 1% | +5.9% |
| 6 | Cetera Investment Advisers | 25.5M | $808.2M | 0.7% | 0.9% | +5.4% |
| 7 | RAYMOND JAMES FINANCIAL INC | 18.1M | $572.9M | 0.2% | 0.6% | +5.2% |
| 8 | ENVESTNET ASSET MANAGEMENT INC | 17.7M | $560.2M | 0.1% | 0.6% | +2.1% |
| 9 | UBS Group AG | 14.3M | $452.6M | 0.1% | 0.5% | -2.5% |
| 10 | Wealthspire Advisors, LLC | 13.6M | $430.4M | 2.4% | 0.5% | +2.0% |
| 11 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 13.4M | $424.9M | 0.2% | 0.5% | -2.4% |
| 12 | Wealthfront Advisers LLC | 12.6M | $400.2M | 0.8% | 0.4% | -1.5% |
| 13 | ROYAL BANK OF CANADA | 11.0M | $349.1M | 0.1% | 0.4% | +27.2% |
| 14 | OSAIC HOLDINGS, INC. | 10.9M | $344.7M | 0.4% | 0.4% | +13.8% |
| 15 | Virginia Estate & Retirement Planning Advisors Inc.NEW | 10.5M | $10.9M | 13.1% | 0.4% | new |
| 16 | WELLS FARGO & COMPANY/MN | 10.2M | $323.1M | 0.1% | 0.4% | +9.6% |
| 17 | Cassaday & Co Wealth Management LLC | 9.9M | $314.5M | 5.9% | 0.3% | +3.6% |
| 18 | COMMONWEALTH EQUITY SERVICES, LLC | 9.6M | $304.6M | 0.4% | 0.3% | +1.7% |
| 19 | AMERIPRISE FINANCIAL INC | 8.2M | $259.7M | 0.1% | 0.3% | +3.7% |
| 20 | Mariner, LLC | 7.0M | $221.1M | 0.2% | 0.2% | -8.3% |
| 21 | MML INVESTORS SERVICES, LLC | 6.8M | $214.0M | 0.4% | 0.2% | +25.7% |
| 22 | Cambridge Investment Research Advisors, Inc. | 6.6M | $210.8M | 0.5% | 0.2% | +1.6% |
| 23 | Keystone Financial Planning, Inc. | 6.3M | $198.2M | 51.1% | 0.2% | -7.6% |
| 24 | CIBC WORLD MARKET INC. | 6.2M | $197.7M | 0.3% | 0.2% | +1.2% |
| 25 | Avantax Planning Partners, Inc. | 5.4M | $171.0M | 4.3% | 0.2% | -2.1% |
Source: SEC Form 13F-HR filings (institutional managers over $100M in US-listed positions). 13Fs disclose long positions only, up to 45 days after quarter end; each manager's latest filed quarter is shown per row and dollar values are the manager's filed marks. Aggregates labeled "2026 filers" count only managers whose latest book is a 2026 quarter. Related: valuation · options positioning · supply chain. Research, not investment advice.