LPL Financial LLC Has $22.45 Million Stake in Columbia U.S. Equity Income ETF (NYSEARCA:EQIN)

LPL Financial LLC lifted its holdings in shares of Columbia U.S. Equity Income ETF (NYSEARCA:EQIN) by 107.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 506,130 shares of the company’s stock after purchasing an additional 261,722 shares during the quarter. LPL Financial LLC’s holdings in Columbia U.S. Equity Income ETF were worth $22,445,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Global Retirement Partners LLC raised its holdings in Columbia U.S. Equity Income ETF by 130.9% during the 4th quarter. Global Retirement Partners LLC now owns 1,508 shares of the company’s stock worth $67,000 after buying an additional 855 shares during the period. Collier Financial bought a new stake in Columbia U.S. Equity Income ETF in the 4th quarter valued at $303,000. Maripau Wealth Management LLC acquired a new position in Columbia U.S. Equity Income ETF in the 4th quarter worth $317,000. KWB Wealth bought a new position in Columbia U.S. Equity Income ETF during the 4th quarter worth about $466,000. Finally, Parcion Private Wealth LLC raised its stake in shares of Columbia U.S. Equity Income ETF by 33.1% in the 4th quarter. Parcion Private Wealth LLC now owns 12,260 shares of the company’s stock valued at $544,000 after purchasing an additional 3,046 shares during the period.

Columbia U.S. Equity Income ETF Price Performance

EQIN stock opened at $45.25 on Monday. The stock has a market capitalization of $149.33 million, a P/E ratio of 19.00 and a beta of 0.99. Columbia U.S. Equity Income ETF has a fifty-two week low of $43.38 and a fifty-two week high of $48.28. The business has a 50-day moving average of $45.83 and a 200-day moving average of $46.31.

Columbia U.S. Equity Income ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Tuesday, March 25th will be given a dividend of $0.2403 per share. The ex-dividend date is Tuesday, March 25th. This is an increase from Columbia U.S. Equity Income ETF’s previous dividend of $0.23.

Columbia U.S. Equity Income ETF Profile

The Columbia U.S. Equity Income ETF (EQIN) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of dividend-paying US companies. The fund uses a proprietary, fundamental selection process with an exclusionary screen for ESG risk. EQIN was launched on Jun 13, 2016 and is issued by Columbia Threadneedle.