Trinity Financial Advisors LLC Increases Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Trinity Financial Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 223.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 445,494 shares of the company’s stock after purchasing an additional 307,657 shares during the quarter. Schwab US Dividend Equity ETF comprises about 4.6% of Trinity Financial Advisors LLC’s holdings, making the stock its 7th biggest holding. Trinity Financial Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $12,144,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $72,000. Coldstream Capital Management Inc. raised its stake in Schwab US Dividend Equity ETF by 6.9% during the 2nd quarter. Coldstream Capital Management Inc. now owns 11,056 shares of the company’s stock worth $860,000 after buying an additional 715 shares during the period. Headlands Technologies LLC lifted its holdings in Schwab US Dividend Equity ETF by 212.5% during the second quarter. Headlands Technologies LLC now owns 12,195 shares of the company’s stock worth $948,000 after acquiring an additional 8,293 shares in the last quarter. Fortune Financial Advisors LLC grew its stake in Schwab US Dividend Equity ETF by 36.1% in the second quarter. Fortune Financial Advisors LLC now owns 12,246 shares of the company’s stock valued at $952,000 after acquiring an additional 3,251 shares during the period. Finally, Montis Financial LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 67.8% in the second quarter. Montis Financial LLC now owns 31,329 shares of the company’s stock worth $2,436,000 after acquiring an additional 12,656 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 1.1 %

Shares of NYSEARCA:SCHD traded down $0.31 during trading on Friday, hitting $27.01. 21,911,819 shares of the company’s stock traded hands, compared to its average volume of 16,973,924. The company has a 50-day moving average price of $28.31 and a 200-day moving average price of $27.74. Schwab US Dividend Equity ETF has a 52 week low of $24.97 and a 52 week high of $29.72. The company has a market cap of $18.95 billion, a price-to-earnings 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.