Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Pinnacle Bank

Pinnacle Bank grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 280.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,348 shares of the company’s stock after purchasing an additional 5,418 shares during the period. Pinnacle Bank’s holdings in Schwab US Dividend Equity ETF were worth $380,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Wealthcare Capital Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter worth about $25,000. Wealthcare Advisory Partners LLC raised its stake in Schwab US Dividend Equity ETF by 589.1% during the first quarter. Wealthcare Advisory Partners LLC now owns 696 shares of the company’s stock worth $31,000 after purchasing an additional 595 shares during the period. Lloyd Advisory Services LLC. acquired a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $32,000. Private Ocean LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the 1st quarter valued at $33,000. Finally, Orion Portfolio Solutions LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $34,000.

Schwab US Dividend Equity ETF stock traded down $0.52 during midday trading on Tuesday, reaching $51.69. The stock had a trading volume of 115,193 shares, compared to its average volume of 2,361,194. The stock’s 50-day simple moving average is $52.43 and its 200 day simple moving average is $52.80. Schwab US Dividend Equity ETF has a twelve month low of $38.83 and a twelve month high of $59.56.

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Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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