Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Valicenti Advisory Services Inc.

Valicenti Advisory Services Inc. lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 300.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 27,703 shares of the company’s stock after purchasing an additional 20,788 shares during the period. Valicenti Advisory Services Inc.’s holdings in Schwab US Dividend Equity ETF were worth $757,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of SCHD. Central Pacific Bank Trust Division lifted its stake in 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 buying an additional 604 shares during the last quarter. Hoese & Co LLP acquired a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter worth about $26,000. IFS Advisors LLC increased its holdings in shares of 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 acquiring an additional 699 shares during the period. Kennebec Savings Bank bought a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $31,000. Finally, Olistico Wealth LLC boosted its stake in Schwab US Dividend Equity ETF by 202.2% during the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after purchasing an additional 748 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.2 %

Shares of NYSEARCA:SCHD opened at $28.13 on Wednesday. The firm’s 50 day moving average is $28.08 and its two-hundred day moving average is $27.94. The firm has a market capitalization of $19.74 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 52 week low of $25.16 and a 52 week high of $29.72.

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.