Pittenger & Anderson Inc. Boosts Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Pittenger & Anderson Inc. increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 191.9% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 369,688 shares of the company’s stock after buying an additional 243,049 shares during the period. Pittenger & Anderson Inc.’s holdings in Schwab US Dividend Equity ETF were worth $10,100,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Argus Investors Counsel Inc. raised its position in shares of Schwab US Dividend Equity ETF by 8.0% in the third quarter. Argus Investors Counsel Inc. now owns 4,768 shares of the company’s stock worth $403,000 after buying an additional 355 shares in the last quarter. O ROURKE & COMPANY Inc raised its position in shares of Schwab US Dividend Equity ETF by 5.7% in the third quarter. O ROURKE & COMPANY Inc now owns 6,738 shares of the company’s stock worth $570,000 after buying an additional 366 shares in the last quarter. Kennebec Savings Bank purchased a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth $31,000. Brown Lisle Cummings Inc. raised its position in shares of Schwab US Dividend Equity ETF by 17.3% in the third quarter. Brown Lisle Cummings Inc. now owns 2,545 shares of the company’s stock worth $215,000 after buying an additional 375 shares in the last quarter. Finally, Galvin Gaustad & Stein LLC raised its position in shares of Schwab US Dividend Equity ETF by 2.1% in the third quarter. Galvin Gaustad & Stein LLC now owns 17,987 shares of the company’s stock worth $1,520,000 after buying an additional 377 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.2 %

SCHD opened at $27.79 on Monday. The stock has a market cap of $19.49 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 52 week low of $25.18 and a 52 week high of $29.72. The business’s fifty day simple moving average is $27.72 and its 200 day simple moving average is $28.00.

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.