Peregrine Asset Advisers Inc. Purchases 350 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Peregrine Asset Advisers Inc. increased its position 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 disclosure with the Securities and Exchange Commission. The firm owned 3,238 shares of the company’s stock after buying 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 quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in SCHD. BNP Paribas Financial Markets bought a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $354,000. Brown Advisory Inc. raised its position in shares of Schwab US Dividend Equity ETF by 0.5% in the 4th quarter. Brown Advisory Inc. now owns 65,073 shares of the company’s stock worth $4,954,000 after acquiring an additional 327 shares in the last quarter. TrinityPoint Wealth LLC boosted its position in Schwab US Dividend Equity ETF by 4.8% during the fourth quarter. TrinityPoint Wealth LLC now owns 244,045 shares of the company’s stock valued at $18,579,000 after purchasing an additional 11,267 shares in the last quarter. Gladstone Institutional Advisory LLC grew its stake in Schwab US Dividend Equity ETF by 19.8% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 26,982 shares of the company’s stock valued at $2,054,000 after purchasing an additional 4,457 shares during the last quarter. Finally, Balentine LLC lifted its position in shares of Schwab US Dividend Equity ETF by 326.4% during the fourth quarter. Balentine LLC now owns 4,895 shares of the company’s stock valued at $373,000 after buying an additional 3,747 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.9 %

NYSEARCA SCHD opened at $84.12 on Tuesday. The firm has a market cap of $59.01 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $84.57. The company has a 50 day moving average price of $81.70 and a 200 day moving average price of $79.47.

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.