Pine Valley Investments Ltd Liability Co Raises Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Pine Valley Investments Ltd Liability Co lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 197.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,556 shares of the company’s stock after purchasing an additional 12,987 shares during the period. Pine Valley Investments Ltd Liability Co’s holdings in Schwab US Dividend Equity ETF were worth $534,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. O ROURKE & COMPANY Inc increased its stake in shares of Schwab US Dividend Equity ETF by 5.7% during the 3rd quarter. O ROURKE & COMPANY Inc now owns 6,738 shares of the company’s stock worth $570,000 after purchasing an additional 366 shares in the last quarter. Kennebec Savings Bank purchased a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $31,000. Galvin Gaustad & Stein LLC grew its stake in Schwab US Dividend Equity ETF by 2.1% in the 3rd quarter. Galvin Gaustad & Stein LLC now owns 17,987 shares of the company’s stock worth $1,520,000 after acquiring an additional 377 shares during the period. Phillips Financial Management LLC grew its stake in Schwab US Dividend Equity ETF by 144.8% in the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock worth $56,000 after acquiring an additional 391 shares during the period. Finally, Carmichael Hill & Associates Inc. grew its stake in Schwab US Dividend Equity ETF by 1.9% in the 3rd quarter. Carmichael Hill & Associates Inc. now owns 21,086 shares of the company’s stock worth $1,782,000 after acquiring an additional 394 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $28.15 on Thursday. The stock has a market capitalization of $68.97 billion, a P/E ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72. The company has a 50 day moving average price of $27.73 and a two-hundred day moving average price of $28.08.

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.