Peapack Gladstone Financial Corp Raises Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Peapack Gladstone Financial Corp raised its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 18.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,974 shares of the company’s stock after buying an additional 4,015 shares during the quarter. Peapack Gladstone Financial Corp’s holdings in Schwab US Dividend Equity ETF were worth $2,195,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Colorado Capital Management Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 1.1% in the 3rd quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock worth $980,000 after buying an additional 121 shares during the last quarter. Archer Investment Corp boosted its holdings in Schwab US Dividend Equity ETF by 21.7% in the second quarter. Archer Investment Corp now owns 723 shares of the company’s stock worth $56,000 after acquiring an additional 129 shares in the last quarter. Brick & Kyle Associates grew its stake in shares of Schwab US Dividend Equity ETF by 2.9% in the second quarter. Brick & Kyle Associates now owns 4,551 shares of the company’s stock worth $354,000 after acquiring an additional 130 shares during the last quarter. Ascent Group LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 1.2% during the second quarter. Ascent Group LLC now owns 12,091 shares of the company’s stock valued at $940,000 after acquiring an additional 145 shares in the last quarter. Finally, Foundations Investment Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF by 0.4% in the 2nd quarter. Foundations Investment Advisors LLC now owns 42,870 shares of the company’s stock worth $3,334,000 after purchasing an additional 158 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $27.26 on Friday. The stock has a market cap of $19.12 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 $24.97 and a 1 year high of $29.72. The firm’s 50-day moving average is $28.40 and its 200 day moving average is $27.69.

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.