Valicenti Advisory Services Inc. Increases Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Valicenti Advisory Services Inc. increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 300.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,703 shares of the company’s stock after buying an additional 20,788 shares during the period. Valicenti Advisory Services Inc.’s holdings in Schwab US Dividend Equity ETF were worth $757,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division boosted its holdings 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 purchasing an additional 604 shares during the last quarter. Hoese & Co LLP purchased a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $26,000. IFS Advisors LLC grew its position in shares of Schwab US Dividend Equity ETF by 184.4% during the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after buying an additional 699 shares in the last quarter. Kennebec Savings Bank bought a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth $31,000. Finally, Olistico Wealth LLC raised its holdings 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 valued at $31,000 after acquiring an additional 748 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $28.13 on Wednesday. The firm has a fifty day moving average of $28.08 and a two-hundred day moving average of $27.94. The firm has a market cap of $19.74 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1-year low of $25.16 and a 1-year high of $29.72.

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.