Pine Valley Investments Ltd Liability Co Has $1.14 Million Holdings in Schwab US Dividend Equity ETF $SCHD

Pine Valley Investments Ltd Liability Co boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 131.2% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 37,194 shares of the company’s stock after buying an additional 21,110 shares during the period. Pine Valley Investments Ltd Liability Co’s holdings in Schwab US Dividend Equity ETF were worth $1,141,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. MeadowBrook Investment Advisors LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 3.3% during the first quarter. MeadowBrook Investment Advisors LLC now owns 10,182 shares of the company’s stock valued at $312,000 after acquiring an additional 325 shares during the period. Semus Wealth Partners LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 0.7% in the 1st quarter. Semus Wealth Partners LLC now owns 51,317 shares of the company’s stock valued at $1,574,000 after purchasing an additional 347 shares in the last quarter. Harmony Asset Management LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 3.8% in the 1st quarter. Harmony Asset Management LLC now owns 9,585 shares of the company’s stock worth $294,000 after purchasing an additional 354 shares during the last quarter. Colorado Capital Management Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 0.9% in the 4th quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock worth $1,060,000 after purchasing an additional 362 shares during the last quarter. Finally, Commonwealth Financial Services LLC increased its position in shares of Schwab US Dividend Equity ETF by 1.8% during the 1st quarter. Commonwealth Financial Services LLC now owns 20,837 shares of the company’s stock worth $639,000 after purchasing an additional 374 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.9%

Shares of SCHD stock opened at $33.85 on Wednesday. Schwab US Dividend Equity ETF has a 12-month low of $26.32 and a 12-month high of $34.24. The company has a market capitalization of $105.17 billion, a P/E ratio of 14.57 and a beta of 0.67. The firm has a 50-day moving average price of $32.55 and a 200 day moving average price of $31.52.

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.