Schwab US Dividend Equity ETF $SCHD Shares Bought by Peapack Gladstone Financial Corp

Peapack Gladstone Financial Corp boosted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 87.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 219,951 shares of the company’s stock after buying an additional 102,720 shares during the period. Peapack Gladstone Financial Corp’s holdings in Schwab US Dividend Equity ETF were worth $6,033,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in SCHD. Florida Financial Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF by 1.8% in the 4th quarter. Florida Financial Advisors LLC now owns 117,639 shares of the company’s stock valued at $3,227,000 after purchasing an additional 2,032 shares during the last quarter. Core Wealth Advisors LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $1,466,000. Texas Yale Capital Corp. grew its stake in shares of Schwab US Dividend Equity ETF by 6.4% in the 4th quarter. Texas Yale Capital Corp. now owns 218,937 shares of the company’s stock valued at $6,005,000 after purchasing an additional 13,163 shares during the last quarter. Sfmg LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $344,000. Finally, BNP Paribas Financial Markets grew its stake in shares of Schwab US Dividend Equity ETF by 351,462.5% in the 4th quarter. BNP Paribas Financial Markets now owns 337,500 shares of the company’s stock valued at $9,258,000 after purchasing an additional 337,404 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 1.0%

Shares of SCHD stock opened at $32.18 on Tuesday. The business’s 50 day moving average is $31.34 and its two-hundred day moving average is $29.92. Schwab US Dividend Equity ETF has a twelve month low of $25.93 and a twelve month high of $32.91. The company has a market capitalization of $91.35 billion, a P/E ratio of 14.57 and a beta of 0.68.

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.