Northwestern Mutual Wealth Management’s Schwab US Dividend Equity ETF SCHD Stock Holding History

Northwestern Mutual Wealth Management’s Portfolio SCHD Stock Details SCHD Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$421M	Sell	13,734,714 -315,647	-2%	-$9.58M	0.26%	50
2025 Q4	$385M	Sell	14,050,361 -1,501,774	-10%	-$40.8M	0.24%	51
2025 Q3	$425M	Sell	15,552,135 -1,574,783	-9%	-$43M	0.28%	50
2025 Q2	$454M	Sell	17,126,918 -636,708	-4%	-$16.6M	0.33%	44
2025 Q1	$497M	Sell	17,763,626 -459,050	-3%	-$12.8M	0.41%	36
2024 Q4	$498M	Buy	18,222,676 +482,443	+3%	+$13.7M	0.42%	35
2024 Q3	$500M	Buy	17,740,233 +271,011	+2%	+$7.38M	0.44%	33
2024 Q2	$453M	Sell	17,469,222 -785,865	-4%	-$20.5M	0.45%	33
2024 Q1	$491M	Sell	18,255,087 -1,562,226	-8%	-$40.4M	0.5%	29
2023 Q4	$503M	Sell	19,817,313 -1,753,881	-8%	-$41.8M	0.57%	27
2023 Q3	$509M	Sell	21,571,194 -2,489,625	-10%	-$61.1M	0.66%	23
2023 Q2	$582M	Sell	24,060,819 -269,964	-1%	-$6.45M	0.75%	23
2023 Q1	$593M	Buy	24,330,783 +1,514,949	+7%	+$37.9M	0.83%	21
2022 Q4	$575M	Buy	22,815,834 +3,478,878	+18%	+$85.9M	0.87%	19
2022 Q3	$428M	Buy	19,336,956 +3,022,653	+19%	+$73.4M	0.75%	23
2022 Q2	$390M	Buy	16,314,303 +2,128,680	+15%	+$54.2M	0.67%	24
2022 Q1	$373M	Buy	14,185,623 +3,625,506	+34%	+$94.9M	0.6%	25
2021 Q4	$285M	Buy	10,560,117 +1,928,280	+22%	+$50.1M	0.46%	32
2021 Q3	$214M	Buy	8,631,837 +1,317,729	+18%	+$33.5M	0.39%	37
2021 Q2	$184M	Buy	7,314,108 +3,066,117	+72%	+$77.4M	0.35%	40
2021 Q1	$103M	Buy	4,247,991 +2,834,457	+201%	+$64.5M	0.22%	52
2020 Q4	$30.2M	Buy	1,413,534 +390,609	+38%	+$7.92M	0.07%	124
2020 Q3	$18.9M	Buy	1,022,925 +115,377	+13%	+$2.12M	0.05%	146
2020 Q2	$15.7M	Buy	907,548 +267,417	+42%	+$4.52M	0.05%	152
2020 Q1	$9.6M	Buy	640,131 +344,988	+117%	+$6.19M	0.04%	181
2019 Q4	$5.7M	Buy	295,143 +51,333	+21%	+$962K	0.02%	251
2019 Q3	$4.45M	Buy	243,810 +14,745	+6%	+$264K	0.02%	266
2019 Q2	$4.05M	Buy	229,065 +39,171	+21%	+$689K	0.02%	274
2019 Q1	$3.31M	Buy	189,894 +25,683	+16%	+$432K	0.01%	289
2018 Q4	$2.57M	Buy	164,211 +41,817	+34%	+$697K	0.01%	309
2018 Q3	$2.16M	Buy	122,394 +6,564	+6%	+$114K	0.01%	317
2018 Q2	$1.9M	Buy	115,830 +804	+0.7%	+$13.2K	0.01%	313
2018 Q1	$1.88M	Buy	115,026 +14,505	+14%	+$247K	0.01%	299
2017 Q4	$1.72M	Buy	100,521 +68,625	+215%	+$1.13M	0.01%	294
2017 Q3	$498K	Buy	31,896 +3,108	+11%	+$47.5K	﹤0.01%	480
2017 Q2	$433K	Buy	28,788 +18	+0.1%	+$270	﹤0.01%	505
2017 Q1	$427K	Sell	28,770 -8,070	-22%	-$119K	﹤0.01%	494
2016 Q4	$535K	Buy	+36,840	New	+$523K	0.01%	437
2016 Q3	–	Sell	-15,330	Closed	-$212K	–	1276
2016 Q2	$212K	Buy	15,330 +14,529	+1,814%	+$196K	﹤0.01%	573
2016 Q1	$11K	Sell	801 -1,518	-65%	-$19.2K	﹤0.01%	1404
2015 Q4	$30K	Sell	2,319 -1,356	-37%	-$17.5K	﹤0.01%	893
2015 Q3	$44K	Buy	+3,675	New	+$45.9K	﹤0.01%	737

Other funds holding SCHD

RIM

Rakuten Investment Management Tokyo, Japan $49.2B AUM

SLI

Sumitomo Life Insurance Tokyo, Japan $4.25B AUM 23.69% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Cetera Investment Advisers Schaumburg, Illinois $94B AUM 20.14% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $374B AUM 17.66% 1-Year Est. Return

Raymond James Financial St Petersburg, Florida $324B AUM 22.36% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

WANY

Wealthspire Advisors (New York) New York $12.7B AUM 17.31% 1-Year Est. Return

Northwestern Mutual Wealth Management's SCHD Position: Q1 2026 in Review

Northwestern Mutual Wealth Management reduced its Schwab US Dividend Equity ETF (SCHD) stake by 2.2% in Q1 2026, selling an estimated $9.58M and leaving 13,734,714 shares worth $421M. The position accounts for 0.26% of the portfolio, ranked #50.

Northwestern Mutual Wealth Management first reported a position in SCHD in Q3 2015 and has held it in 42 quarters since. The position peaked at $593M in Q1 2023. 2,044 funds tracked by Wall St. Rank hold SCHD as of Q1 2026.

Northwestern Mutual Wealth Management held 13,734,714 shares of Schwab US Dividend Equity ETF worth $421M as of Q1 2026.
Northwestern Mutual Wealth Management sold 315,647 Schwab US Dividend Equity ETF shares in Q1 2026, an estimated $9.58M.
Schwab US Dividend Equity ETF made up 0.26% of Northwestern Mutual Wealth Management's portfolio in Q1 2026, its #50 holding.
Northwestern Mutual Wealth Management first reported a position in Schwab US Dividend Equity ETF in Q3 2015 and has held it in 42 quarters since.
Northwestern Mutual Wealth Management's Schwab US Dividend Equity ETF position peaked at $593M in Q1 2023.
2,044 funds tracked by Wall St. Rank held Schwab US Dividend Equity ETF as of Q1 2026.

Based on Northwestern Mutual Wealth Management's 13F filing for Q1 2026, filed 7 May 2026.