Pathway Financial Advisers LLC Increases Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Pathway Financial Advisers LLC grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 149,849 shares of the company’s stock after buying an additional 100,347 shares during the period. Schwab US Dividend Equity ETF makes up about 1.4% of Pathway Financial Advisers LLC’s holdings, making the stock its 18th biggest holding. Pathway Financial Advisers LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,094,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its stake 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 in the last quarter. GAMMA Investing LLC lifted its position 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 valued at $266,000 after purchasing an additional 6,502 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $163,000. Tenon Financial LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 200.1% in the fourth quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock worth $412,000 after purchasing an additional 10,082 shares during the last quarter. Finally, Summit Wealth & Retirement Planning Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 195.0% in the fourth quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock worth $715,000 after buying an additional 17,305 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.8 %

Shares of SCHD opened at $27.65 on Thursday. The firm has a fifty day simple moving average of $27.79 and a two-hundred day simple moving average of $28.00. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month high of $29.72. The stock has a market capitalization of $19.40 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.