Peregrine Asset Advisers Inc. Increases Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Peregrine Asset Advisers Inc. raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 201.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,768 shares of the company’s stock after buying an additional 6,530 shares during the period. Peregrine Asset Advisers Inc.’s holdings in Schwab US Dividend Equity ETF were worth $267,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Outfitter Financial LLC grew its position in shares of Schwab US Dividend Equity ETF by 208.7% during the 4th quarter. Outfitter Financial LLC now owns 55,475 shares of the company’s stock valued at $1,516,000 after acquiring an additional 37,505 shares during the period. Capital Advisory Group Advisory Services LLC purchased a new position in Schwab US Dividend Equity ETF during the fourth quarter worth approximately $877,000. Lane & Associates LLC acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $421,000. PYA Waltman Capital LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $437,000. Finally, Cassaday & Co Wealth Management LLC raised its stake in shares of Schwab US Dividend Equity ETF by 210.2% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 5,755,912 shares of the company’s stock worth $157,252,000 after buying an additional 3,900,238 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.4 %

SCHD opened at $28.21 on Friday. The firm’s fifty day simple moving average is $27.69 and its two-hundred day simple moving average is $28.02. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week high of $29.72. The company has a market cap of $69.11 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88.

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.