Peachtree Investment Partners LLC Boosts Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Peachtree Investment Partners LLC increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 176.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,853 shares of the company’s stock after purchasing an additional 2,458 shares during the quarter. Peachtree Investment Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $105,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in SCHD. FMR LLC increased its stake in shares of Schwab US Dividend Equity ETF by 39.3% during the third quarter. FMR LLC now owns 127,966 shares of the company’s stock valued at $10,817,000 after purchasing an additional 36,115 shares in the last quarter. Quantinno Capital Management LP grew its stake in shares of Schwab US Dividend Equity ETF by 86.9% in the 3rd quarter. Quantinno Capital Management LP now owns 7,738 shares of the company’s stock worth $654,000 after buying an additional 3,598 shares during the last quarter. Kovitz Investment Group Partners LLC increased its position in Schwab US Dividend Equity ETF by 18.6% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 17,326 shares of the company’s stock valued at $1,465,000 after buying an additional 2,720 shares in the last quarter. Zacks Investment Management raised its stake in Schwab US Dividend Equity ETF by 17.8% during the third quarter. Zacks Investment Management now owns 7,082 shares of the company’s stock valued at $599,000 after buying an additional 1,072 shares during the last quarter. Finally, Legacy Investment Solutions LLC bought a new stake in Schwab US Dividend Equity ETF in the third quarter worth $34,000.

Schwab US Dividend Equity ETF Trading Down 1.3 %

NYSEARCA SCHD opened at $24.94 on Tuesday. Schwab US Dividend Equity ETF has a 12 month low of $24.18 and a 12 month high of $29.72. The stock’s fifty day moving average price is $27.80 and its 200-day moving average price is $28.09. The stock has a market cap of $62.85 billion, a P/E ratio of 17.12 and a beta of 0.86.

Schwab US Dividend Equity ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were given a dividend of $0.2488 per share. The ex-dividend date was Wednesday, March 26th.

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.