Jones Financial Companies Lllp Increases Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Jones Financial Companies Lllp increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 472.0% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,455,007 shares of the company’s stock after buying an additional 1,200,627 shares during the quarter. Jones Financial Companies Lllp owned 0.21% of Schwab US Dividend Equity ETF worth $39,751,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Kennebec Savings Bank purchased a new position in Schwab US Dividend Equity ETF in the third quarter valued at about $31,000. Legacy Investment Solutions LLC purchased a new position in Schwab US Dividend Equity ETF in the third quarter valued at approximately $34,000. Cassady Schiller Wealth Management LLC purchased a new position in Schwab US Dividend Equity ETF in the third quarter valued at approximately $38,000. Phillips Financial Management LLC grew its holdings in Schwab US Dividend Equity ETF by 144.8% during the third quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after purchasing an additional 391 shares during the period. Finally, Hobbs Group Advisors LLC purchased a new stake in Schwab US Dividend Equity ETF in the third quarter worth $68,000.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $28.54 on Friday. The stock has a market capitalization of $69.92 billion, a PE ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72. The business’s fifty day moving average price is $27.78 and its 200-day moving average price is $28.10.

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.