Peregrine Asset Advisers Inc. Has $1.99 Million Position in Schwab US Dividend Equity ETF $SCHD

Peregrine Asset Advisers Inc. increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 57.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 75,082 shares of the company’s stock after buying an additional 27,285 shares during the period. Peregrine Asset Advisers Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,990,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Bank of New York Mellon Corp boosted its position in Schwab US Dividend Equity ETF by 42.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,161,943 shares of the company’s stock worth $30,791,000 after buying an additional 346,577 shares during the period. Westside Investment Management Inc. boosted its position in Schwab US Dividend Equity ETF by 364.3% during the 2nd quarter. Westside Investment Management Inc. now owns 6,821 shares of the company’s stock worth $184,000 after buying an additional 5,352 shares during the period. Bank of Montreal Can boosted its position in Schwab US Dividend Equity ETF by 10.0% during the 2nd quarter. Bank of Montreal Can now owns 105,794 shares of the company’s stock worth $2,804,000 after buying an additional 9,623 shares during the period. Sigma Planning Corp boosted its position in Schwab US Dividend Equity ETF by 1.4% during the 2nd quarter. Sigma Planning Corp now owns 895,068 shares of the company’s stock worth $23,719,000 after buying an additional 12,224 shares during the period. Finally, Redwood Wealth Management Group LLC acquired a new stake in Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $204,000.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $26.75 on Monday. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.72. The firm has a 50 day moving average price of $27.27 and a two-hundred day moving average price of $26.83. The firm has a market cap of $69.25 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

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.