Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Pennsylvania Capital Management Inc. ADV

Pennsylvania Capital Management Inc. ADV increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 175.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 223,290 shares of the company’s stock after buying an additional 142,331 shares during the period. Schwab US Dividend Equity ETF comprises approximately 2.1% of Pennsylvania Capital Management Inc. ADV’s holdings, making the stock its 10th biggest position. Pennsylvania Capital Management Inc. ADV’s holdings in Schwab US Dividend Equity ETF were worth $6,100,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Central Pacific Bank Trust Division grew its position in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after purchasing an additional 604 shares during the period. Hoese & Co LLP purchased a new position in Schwab US Dividend Equity ETF in the 4th quarter valued at about $26,000. IFS Advisors LLC boosted its holdings in Schwab US Dividend Equity ETF by 184.4% in the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after buying an additional 699 shares during the last quarter. Kennebec Savings Bank purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $31,000. Finally, Olistico Wealth LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 202.2% during the fourth quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after acquiring an additional 748 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $27.72 on Tuesday. The stock’s 50 day simple moving average is $28.02 and its 200-day simple moving average is $27.96. Schwab US Dividend Equity ETF has a 1-year low of $25.16 and a 1-year high of $29.72. The company has a market cap of $19.45 billion, a PE ratio of 15.04 and a beta of 0.74.

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.