Joule Financial LLC Buys 501,921 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Joule Financial LLC raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 217.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 732,390 shares of the company’s stock after purchasing an additional 501,921 shares during the period. Schwab US Dividend Equity ETF accounts for 7.1% of Joule Financial LLC’s holdings, making the stock its 4th biggest position. Joule Financial LLC owned about 0.10% of Schwab US Dividend Equity ETF worth $20,009,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. JPMorgan Chase & Co. increased its position in shares of Schwab US Dividend Equity ETF by 7.2% during the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock worth $132,552,000 after purchasing an additional 104,855 shares in the last quarter. GAMMA Investing LLC boosted its stake in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after purchasing an additional 6,502 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $163,000. Synovus Financial Corp raised its position in shares of Schwab US Dividend Equity ETF by 148.1% in the third quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock valued at $3,594,000 after buying an additional 25,380 shares during the last quarter. Finally, Anchor Investment Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 1.1% in the third quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock worth $3,256,000 after buying an additional 428 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.6 %

SCHD opened at $27.99 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $25.03 and a twelve month high of $29.72. The firm has a market capitalization of $19.63 billion, a PE ratio of 15.04 and a beta of 0.74. The firm’s 50-day moving average price is $28.19 and its 200 day moving average price is $27.82.

Schwab US Dividend Equity ETF 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.