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

Peregrine Asset Advisers Inc. boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 12.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,238 shares of the company’s stock after purchasing an additional 350 shares during the period. Peregrine Asset Advisers Inc.’s holdings in Schwab US Dividend Equity ETF were worth $252,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in SCHD. Edgestream Partners L.P. boosted its position in Schwab US Dividend Equity ETF by 148.3% in the second quarter. Edgestream Partners L.P. now owns 9,110 shares of the company’s stock valued at $708,000 after buying an additional 5,441 shares during the last quarter. WealthPLAN Partners LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 3.9% in the 2nd quarter. WealthPLAN Partners LLC now owns 64,036 shares of the company’s stock valued at $4,979,000 after acquiring an additional 2,390 shares during the last quarter. Wulff Hansen & CO. increased its stake in shares of Schwab US Dividend Equity ETF by 8,405.3% in the second quarter. Wulff Hansen & CO. now owns 1,455,434 shares of the company’s stock worth $113,175,000 after acquiring an additional 1,438,322 shares during the period. Citizens Financial Group Inc. RI acquired a new position in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at about $5,054,000. Finally, Mesirow Financial Investment Management Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 2.0% in the second quarter. Mesirow Financial Investment Management Inc. now owns 131,525 shares of the company’s stock worth $10,234,000 after buying an additional 2,521 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.9 %

Shares of SCHD stock opened at $84.12 on Tuesday. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $84.57. The stock has a 50 day moving average of $81.70 and a 200 day moving average of $79.47. The stock has a market cap of $59.01 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.