Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is Trinity Financial Advisors LLC’s 7th Largest Position

Trinity Financial Advisors LLC lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 223.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 445,494 shares of the company’s stock after acquiring an additional 307,657 shares during the period. Schwab US Dividend Equity ETF comprises approximately 4.6% of Trinity Financial Advisors LLC’s holdings, making the stock its 7th largest position. Trinity Financial Advisors LLC owned approximately 0.06% of Schwab US Dividend Equity ETF worth $12,144,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in SCHD. Central Pacific Bank Trust Division grew its position in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after acquiring an additional 604 shares in the last quarter. Kennebec Savings Bank bought a new stake in Schwab US Dividend Equity ETF in the third quarter worth $31,000. Barrett & Company Inc. acquired a new position in Schwab US Dividend Equity ETF during the third quarter worth $34,000. Legacy Investment Solutions LLC bought a new position in Schwab US Dividend Equity ETF during the third quarter valued at about $34,000. Finally, Cassady Schiller Wealth Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth about $38,000.

Schwab US Dividend Equity ETF Stock Down 1.1 %

SCHD stock traded down $0.31 during midday trading on Friday, hitting $27.01. 21,911,819 shares of the company traded hands, compared to its average volume of 16,973,924. Schwab US Dividend Equity ETF has a twelve month low of $24.97 and a twelve month high of $29.72. The stock has a market capitalization of $18.95 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The business has a 50 day simple moving average of $28.31 and a 200-day simple moving average of $27.74.

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.