Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is Penney Financial LLC’s 5th Largest Position

Penney Financial LLC raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 209.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 278,722 shares of the company’s stock after buying an additional 188,546 shares during the period. Schwab US Dividend Equity ETF comprises approximately 5.1% of Penney Financial LLC’s portfolio, making the stock its 5th largest position. Penney Financial LLC’s holdings in Schwab US Dividend Equity ETF were worth $7,615,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SCHD. Colorado Capital Management Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 1.1% during the third quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock valued at $980,000 after acquiring an additional 121 shares during the last quarter. Sunflower Bank N.A. raised its stake in shares of Schwab US Dividend Equity ETF by 4.2% during the third quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock valued at $384,000 after acquiring an additional 185 shares during the last quarter. Sound Income Strategies LLC raised its stake in shares of Schwab US Dividend Equity ETF by 12.5% during the third quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock valued at $145,000 after acquiring an additional 191 shares during the last quarter. waypoint wealth counsel raised its stake in shares of Schwab US Dividend Equity ETF by 0.9% during the third quarter. waypoint wealth counsel now owns 24,844 shares of the company’s stock valued at $2,100,000 after acquiring an additional 215 shares during the last quarter. Finally, Quent Capital LLC raised its stake in shares of Schwab US Dividend Equity ETF by 86.6% during the third quarter. Quent Capital LLC now owns 517 shares of the company’s stock valued at $44,000 after acquiring an additional 240 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.1 %

Shares of NYSEARCA:SCHD opened at $27.98 on Friday. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72. The company has a market cap of $19.63 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The company has a 50-day moving average price of $28.07 and a 200-day moving average price of $27.94.

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.