Insight Advisors LLC PA Acquires 119,192 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Insight Advisors LLC PA boosted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 243.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 168,054 shares of the company’s stock after buying an additional 119,192 shares during the quarter. Schwab US Dividend Equity ETF makes up about 0.8% of Insight Advisors LLC PA’s holdings, making the stock its 20th biggest holding. Insight Advisors LLC PA’s holdings in Schwab US Dividend Equity ETF were worth $4,576,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division raised its holdings in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after buying an additional 604 shares during the last quarter. Hoese & Co LLP purchased a new position in Schwab US Dividend Equity ETF during the 4th quarter valued at $26,000. IFS Advisors LLC increased its position in Schwab US Dividend Equity ETF by 184.4% during the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after purchasing an additional 699 shares during the period. Kennebec Savings Bank purchased a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at $31,000. Finally, Olistico Wealth LLC increased its position in Schwab US Dividend Equity ETF by 202.2% during the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after purchasing an additional 748 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.7 %

Shares of Schwab US Dividend Equity ETF stock opened at $27.95 on Thursday. The company’s fifty day simple moving average is $27.95 and its two-hundred day simple moving average is $27.97. The company has a market cap of $19.61 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12-month low of $25.16 and a 12-month high of $29.72.

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.