Warner Financial Inc. Acquires 95,309 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Warner Financial Inc. boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 363.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 121,551 shares of the company’s stock after acquiring an additional 95,309 shares during the period. Schwab US Dividend Equity ETF accounts for 1.4% of Warner Financial Inc.’s portfolio, making the stock its 20th largest holding. Warner Financial Inc.’s holdings in Schwab US Dividend Equity ETF were worth $3,321,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Squarepoint Ops LLC lifted its holdings in Schwab US Dividend Equity ETF by 16.7% during the second quarter. Squarepoint Ops LLC now owns 51,222 shares of the company’s stock worth $3,983,000 after buying an additional 7,342 shares during the period. AQR Capital Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the second quarter worth about $879,000. Ascent Group LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 1.2% during the second quarter. Ascent Group LLC now owns 12,091 shares of the company’s stock valued at $940,000 after acquiring an additional 145 shares in the last quarter. Silver Lake Advisory LLC grew its position in Schwab US Dividend Equity ETF by 7.4% during the 2nd quarter. Silver Lake Advisory LLC now owns 4,993 shares of the company’s stock worth $388,000 after purchasing an additional 343 shares during the last quarter. Finally, Sunbelt Securities Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 6.8% during the second quarter. Sunbelt Securities Inc. now owns 117,507 shares of the company’s stock worth $9,137,000 after buying an additional 7,532 shares during the period.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $28.45 on Tuesday. The stock’s fifty day moving average price is $28.10 and its 200 day moving average price is $27.92. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 year high of $29.72. The company has a market cap of $19.96 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.