Pinion Investment Advisors LLC Has $510,000 Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Pinion Investment Advisors LLC increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,685 shares of the company’s stock after purchasing an additional 12,475 shares during the period. Pinion Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $510,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of SCHD. Scott & Selber Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 192.8% in the 4th quarter. Scott & Selber Inc. now owns 98,005 shares of the company’s stock worth $2,677,000 after buying an additional 64,534 shares during the last quarter. Planning Alternatives Ltd. ADV grew its stake in Schwab US Dividend Equity ETF by 191.8% in the 4th quarter. Planning Alternatives Ltd. ADV now owns 66,558 shares of the company’s stock valued at $1,818,000 after purchasing an additional 43,751 shares during the period. Carlton Hofferkamp & Jenks Wealth Management LLC grew its stake in Schwab US Dividend Equity ETF by 5.7% in the 4th quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 35,893 shares of the company’s stock valued at $1,003,000 after purchasing an additional 1,937 shares during the period. Bedel Financial Consulting Inc. increased its position in shares of Schwab US Dividend Equity ETF by 197.9% during the 4th quarter. Bedel Financial Consulting Inc. now owns 20,908 shares of the company’s stock valued at $584,000 after purchasing an additional 13,890 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC raised its stake in shares of Schwab US Dividend Equity ETF by 219.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,131,110 shares of the company’s stock worth $58,222,000 after purchasing an additional 1,464,924 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.5 %

Schwab US Dividend Equity ETF stock opened at $28.40 on Tuesday. The business’s 50 day simple moving average is $27.80 and its 200 day simple moving average is $28.12. Schwab US Dividend Equity ETF has a 12 month low of $25.18 and a 12 month high of $29.72. The company has a market cap of $69.58 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88.

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.