Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is Panoramic Investment Advisors LLC’s 6th Largest Position

Panoramic Investment Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 186.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 161,629 shares of the company’s stock after buying an additional 105,284 shares during the quarter. Schwab US Dividend Equity ETF makes up about 2.9% of Panoramic Investment Advisors LLC’s investment portfolio, making the stock its 6th largest holding. Panoramic Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,416,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in SCHD. JPMorgan Chase & Co. increased its holdings in shares of Schwab US Dividend Equity ETF by 7.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after acquiring an additional 104,855 shares during the last quarter. GAMMA Investing LLC increased its stake in Schwab US Dividend Equity ETF by 200.0% during 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 bought a new stake in Schwab US Dividend Equity ETF during the third quarter valued at $163,000. Synovus Financial Corp raised its holdings in shares of Schwab US Dividend Equity ETF by 148.1% during 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 during the period. Finally, Anchor Investment Management LLC lifted its position in shares of Schwab US Dividend Equity ETF by 1.1% in the 3rd quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock worth $3,256,000 after buying an additional 428 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.5 %

Shares of NYSEARCA:SCHD opened at $27.83 on Monday. The company has a market cap of $19.52 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72. The firm has a 50-day simple moving average of $28.02 and a 200 day simple moving average of $27.96.

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.