Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Holdings Lifted by Spinnaker Investment Group LLC

Spinnaker Investment Group LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 206.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,633,231 shares of the company’s stock after acquiring an additional 1,100,364 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 10.8% of Spinnaker Investment Group LLC’s investment portfolio, making the stock its 3rd biggest holding. Spinnaker Investment Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $44,620,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its holdings in Schwab US Dividend Equity ETF by 7.2% in the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock worth $132,552,000 after buying an additional 104,855 shares during the period. GAMMA Investing LLC grew its stake in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after purchasing an additional 6,502 shares during the period. Wilmington Savings Fund Society FSB bought a new position in Schwab US Dividend Equity ETF in the third quarter worth $163,000. Synovus Financial Corp raised its holdings in Schwab US Dividend Equity ETF by 148.1% in the third quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock worth $3,594,000 after purchasing an additional 25,380 shares in the last quarter. Finally, Anchor Investment Management LLC lifted its position in Schwab US Dividend Equity ETF by 1.1% during the third quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock valued at $3,256,000 after buying an additional 428 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $28.09 on Friday. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 year high of $29.72. The firm has a market cap of $19.71 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The company has a 50-day moving average of $28.13 and a 200 day moving average of $27.87.

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.