Patten & Patten Inc. TN Boosts Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Patten & Patten Inc. TN increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 239.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 34,838 shares of the company’s stock after buying an additional 24,583 shares during the period. Patten & Patten Inc. TN’s holdings in Schwab US Dividend Equity ETF were worth $952,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Phillips Financial Management LLC grew its stake in shares of Schwab US Dividend Equity ETF by 144.8% in the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock worth $56,000 after buying an additional 391 shares during the last quarter. Legacy Investment Solutions LLC purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at $34,000. Anchor Investment Management LLC boosted its stake in Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock valued at $3,256,000 after purchasing an additional 428 shares during the last quarter. Stonebridge Financial Planning Group LLC boosted its stake in Schwab US Dividend Equity ETF by 1.7% during the 3rd quarter. Stonebridge Financial Planning Group LLC now owns 25,276 shares of the company’s stock valued at $2,137,000 after purchasing an additional 430 shares during the last quarter. Finally, Cassady Schiller Wealth Management LLC purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at $38,000.

Schwab US Dividend Equity ETF Trading Up 1.3 %

Shares of SCHD opened at $27.64 on Monday. The business’s fifty day simple moving average is $27.89 and its two-hundred day simple moving average is $28.13. The company has a market cap of $68.55 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a 12 month low of $25.18 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.