Quantinno Capital Management LP Raises Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Quantinno Capital Management LP increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 497.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,212 shares of the company’s stock after acquiring an additional 38,474 shares during the period. Quantinno Capital Management LP’s holdings in Schwab US Dividend Equity ETF were worth $1,263,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Ritter Daniher Financial Advisory LLC DE lifted its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock worth $27,000 after purchasing an additional 650 shares during the period. Moisand Fitzgerald Tamayo LLC lifted its position in 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 buying an additional 777 shares during the period. PFG Private Wealth Management LLC lifted 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 buying an additional 686 shares during the period. Mountain Hill Investment Partners Corp. purchased a new position in Schwab US Dividend Equity ETF during the fourth quarter worth about $29,000. Finally, Olistico Wealth LLC lifted its position in Schwab US Dividend Equity ETF by 202.2% during the fourth quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock worth $31,000 after buying an additional 748 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.2%

NYSEARCA SCHD opened at $25.96 on Friday. The business’s 50-day moving average price is $26.22 and its 200 day moving average price is $27.47. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The company has a market capitalization of $67.50 billion, a PE ratio of 15.01 and a beta of 0.82.

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.