Insight Advisors LLC PA Raises Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Insight Advisors LLC PA boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 243.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 168,054 shares of the company’s stock after purchasing an additional 119,192 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 0.8% of Insight Advisors LLC PA’s portfolio, making the stock its 20th biggest position. Insight Advisors LLC PA’s holdings in Schwab US Dividend Equity ETF were worth $4,576,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Central Pacific Bank Trust Division lifted 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 acquiring an additional 604 shares during the period. Hoese & Co LLP acquired a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $26,000. IFS Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF by 184.4% in the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after acquiring an additional 699 shares during the period. Kennebec Savings Bank acquired a new position in Schwab US Dividend Equity ETF in the third quarter valued at approximately $31,000. Finally, Olistico Wealth LLC lifted 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 during the period.

Schwab US Dividend Equity ETF Trading Up 0.7 %

Shares of NYSEARCA:SCHD opened at $27.95 on Thursday. Schwab US Dividend Equity ETF has a 12-month low of $25.16 and a 12-month high of $29.72. The company has a market capitalization of $19.61 billion, a PE ratio of 15.04 and a beta of 0.74. The business has a 50 day moving average of $27.95 and a two-hundred day moving average of $27.97.

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.