Peak Financial Management Inc. Purchases 5,270 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Peak Financial Management Inc. raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,905 shares of the company’s stock after buying an additional 5,270 shares during the quarter. Peak Financial Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $216,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SCHD. Central Pacific Bank Trust Division lifted its holdings in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after purchasing an additional 604 shares during the last quarter. Hoese & Co LLP bought a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $26,000. IFS Advisors LLC lifted its stake in shares of 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 buying an additional 699 shares in the last quarter. Kennebec Savings Bank bought a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $31,000. Finally, Olistico Wealth LLC grew its stake in Schwab US Dividend Equity ETF by 202.2% in the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after buying an additional 748 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $28.07 on Monday. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 year high of $29.72. The stock’s fifty day moving average price is $28.10 and its two-hundred day moving average price is $27.92. The company has a market cap of $19.69 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.