Patriot Financial Group Insurance Agency LLC Increases Stock Position in Schwab US Dividend Equity ETF $SCHD

Patriot Financial Group Insurance Agency LLC increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 121.5% during the first quarter, HoldingsChannel.com reports. The fund owned 184,460 shares of the company’s stock after buying an additional 101,171 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,659,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wells Fargo & Company MN grew its position in Schwab US Dividend Equity ETF by 5.7% during the 4th quarter. Wells Fargo & Company MN now owns 10,203,553 shares of the company’s stock worth $279,883,000 after purchasing an additional 552,907 shares during the last quarter. Avantax Planning Partners Inc. increased its stake in Schwab US Dividend Equity ETF by 3.8% in the fourth quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock valued at $277,214,000 after purchasing an additional 366,548 shares during the period. Cassaday & Co Wealth Management LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 52.2% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock valued at $253,570,000 after buying an additional 3,170,728 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of Schwab US Dividend Equity ETF by 4.0% during the fourth quarter. Royal Bank of Canada now owns 7,995,065 shares of the company’s stock worth $219,304,000 after buying an additional 304,047 shares during the period. Finally, Cibc World Market Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 31.8% during the fourth quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock worth $192,634,000 after buying an additional 1,694,144 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.4%

NYSEARCA SCHD opened at $32.09 on Friday. The firm has a market cap of $91.09 billion, a P/E ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 52-week low of $26.21 and a 52-week high of $32.92. The business’s 50-day moving average price is $31.96 and its 200 day moving average price is $30.56.

Schwab US Dividend Equity ETF 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.