Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is Skyline Advisors Inc.’s 6th Largest Position

Skyline Advisors Inc. raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.1% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 616,111 shares of the company’s stock after purchasing an additional 12,668 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 6.8% of Skyline Advisors Inc.’s holdings, making the stock its 6th biggest position. Skyline Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $17,226,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Ritter Daniher Financial Advisory LLC DE boosted its holdings in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock valued at $27,000 after purchasing an additional 650 shares during the period. PFG Private Wealth Management LLC boosted its position in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after purchasing an additional 686 shares in the last quarter. Moisand Fitzgerald Tamayo LLC increased its stake in shares of Schwab US Dividend Equity ETF by 294.3% during the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after purchasing an additional 777 shares in the last quarter. Mountain Hill Investment Partners Corp. purchased a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter worth about $29,000. Finally, Morton Brown Family Wealth LLC lifted its holdings in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Morton Brown Family Wealth LLC now owns 1,152 shares of the company’s stock valued at $31,000 after acquiring an additional 768 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $26.95 on Wednesday. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72. The stock has a market capitalization of $70.07 billion, a P/E ratio of 15.93 and a beta of 0.82. The company has a 50 day moving average price of $25.83 and a 200 day moving average price of $27.23.

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.