Panoramic Investment Advisors LLC Has $4.42 Million Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Panoramic Investment Advisors LLC increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 186.9% during the fourth quarter, Holdings Channel reports. The fund owned 161,629 shares of the company’s stock after purchasing an additional 105,284 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 2.9% of Panoramic Investment Advisors LLC’s investment portfolio, making the stock its 6th largest position. Panoramic Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,416,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in shares of Schwab US Dividend Equity ETF by 7.2% in the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after purchasing an additional 104,855 shares during the period. GAMMA Investing LLC grew its holdings in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after buying an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $163,000. Synovus Financial Corp raised its stake in Schwab US Dividend Equity ETF by 148.1% during the 3rd quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock valued at $3,594,000 after acquiring an additional 25,380 shares in the last quarter. Finally, Anchor Investment Management LLC boosted its position 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 worth $3,256,000 after acquiring an additional 428 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $27.83 on Monday. The stock has a market cap of $19.52 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 year high of $29.72. The business has a fifty day moving average of $28.02 and a 200-day moving average of $27.96.

Schwab US Dividend Equity ETF Company 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.