Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Position Lifted by Pacific Capital Wealth Advisors Inc.

Pacific Capital Wealth Advisors Inc. boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 268.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 537,976 shares of the company’s stock after buying an additional 391,963 shares during the quarter. Schwab US Dividend Equity ETF makes up about 2.5% of Pacific Capital Wealth Advisors Inc.’s holdings, making the stock its 10th biggest position. Pacific Capital Wealth Advisors Inc. owned approximately 0.08% of Schwab US Dividend Equity ETF worth $14,697,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. grew its position in Schwab US Dividend Equity ETF by 7.2% in the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock worth $132,552,000 after acquiring an additional 104,855 shares in the last quarter. GAMMA Investing LLC increased its position in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after buying an additional 6,502 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in Schwab US Dividend Equity ETF during the third quarter valued at about $163,000. Synovus Financial Corp raised its holdings in Schwab US Dividend Equity ETF by 148.1% during the third quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock valued at $3,594,000 after buying an additional 25,380 shares in the last quarter. Finally, Anchor Investment Management LLC lifted its position in shares of Schwab US Dividend Equity ETF by 1.1% in the third quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock worth $3,256,000 after buying an additional 428 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $28.45 on Tuesday. The business’s 50-day simple moving average is $28.10 and its 200-day simple moving average is $27.92. Schwab US Dividend Equity ETF has a 52 week low of $25.16 and a 52 week high of $29.72. The firm has a market cap of $19.96 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

Schwab US Dividend Equity ETF 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.