Pine Valley Investments Ltd Liability Co Increases Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Pine Valley Investments Ltd Liability Co grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 197.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 19,556 shares of the company’s stock after buying 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.

Other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in shares of 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 period. GAMMA Investing LLC grew its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock valued at $266,000 after buying an additional 6,502 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $163,000. Tenon Financial LLC grew its stake in shares of Schwab US Dividend Equity ETF by 200.1% during the 4th quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock valued at $412,000 after buying an additional 10,082 shares during the period. Finally, Summit Wealth & Retirement Planning Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 195.0% during the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock valued at $715,000 after buying an additional 17,305 shares during the period.

Schwab US Dividend Equity ETF Trading Down 1.1 %

NYSEARCA:SCHD opened at $28.15 on Thursday. The firm has a market capitalization of $68.97 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. The firm’s fifty day simple moving average is $27.73 and its 200 day simple moving average is $28.08. Schwab US Dividend Equity ETF has a twelve month low of $25.18 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.