Patriot Investment Management Group Inc. Acquires 171,253 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Patriot Investment Management Group Inc. increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 189.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 261,438 shares of the company’s stock after acquiring an additional 171,253 shares during the quarter. Patriot Investment Management Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $7,142,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of SCHD. JPMorgan Chase & Co. raised its stake in Schwab US Dividend Equity ETF by 7.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after buying an additional 104,855 shares during 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 valued at $266,000 after acquiring an additional 6,502 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in Schwab US Dividend Equity ETF in the third quarter valued at about $163,000. Synovus Financial Corp boosted its position in Schwab US Dividend Equity ETF by 148.1% in the third quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock worth $3,594,000 after purchasing an additional 25,380 shares during the last quarter. Finally, Anchor Investment Management LLC grew its stake in shares of Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock valued at $3,256,000 after purchasing an additional 428 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.6 %

Shares of NYSEARCA:SCHD opened at $28.09 on Friday. The firm’s 50 day moving average price is $28.13 and its 200-day moving average price is $27.87. The stock has a market capitalization of $19.71 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month 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.