Patriot Investment Management Group Inc. Boosts Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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

Other large investors have also recently modified their holdings of the company. Central Pacific Bank Trust Division boosted 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 worth $25,000 after buying an additional 604 shares in the last quarter. Hoese & Co LLP purchased a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $26,000. IFS Advisors LLC boosted its stake 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 valued at $29,000 after purchasing an additional 699 shares in the last quarter. Kennebec Savings Bank purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth $31,000. Finally, Olistico Wealth LLC lifted its stake in Schwab US Dividend Equity ETF by 202.2% in the fourth quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock worth $31,000 after purchasing an additional 748 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.6 %

Shares of SCHD opened at $28.09 on Friday. The firm has a fifty day simple moving average of $28.13 and a two-hundred day simple moving average of $27.87. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month high of $29.72. The stock has a market capitalization of $19.71 billion, a P/E ratio of 15.04 and a beta of 0.74.

Schwab US Dividend Equity ETF Company 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.