Skyline Advisors Inc. Has $15.29 Million Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Skyline Advisors Inc. increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 189,578 shares of the company’s stock after buying an additional 3,426 shares during the period. Schwab US Dividend Equity ETF comprises approximately 6.8% of Skyline Advisors Inc.’s holdings, making the stock its 6th biggest position. Skyline Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $15,286,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Raleigh Capital Management Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $28,000. Voisard Asset Management Group Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at $29,000. Signature Resources Capital Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $32,000. Bear Mountain Capital Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $34,000. Finally, Venturi Wealth Management LLC acquired a new position in Schwab US Dividend Equity ETF in the 4th quarter worth approximately $44,000.

Schwab US Dividend Equity ETF Trading Down 0.2 %

Schwab US Dividend Equity ETF stock traded down $0.12 during mid-day trading on Monday, hitting $77.64. 1,450,597 shares of the company’s stock were exchanged, compared to its average volume of 3,290,184. Schwab US Dividend Equity ETF has a 1-year low of $66.67 and a 1-year high of $80.82. The stock has a 50 day moving average of $78.12 and a two-hundred day moving average of $77.62. The stock has a market cap of $54.46 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.