Joseph Group Capital Management Purchases 98,778 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Joseph Group Capital Management raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 35,404.3% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 99,057 shares of the company’s stock after acquiring an additional 98,778 shares during the period. Schwab US Dividend Equity ETF makes up about 4.0% of Joseph Group Capital Management’s holdings, making the stock its 7th largest position. Joseph Group Capital Management’s holdings in Schwab US Dividend Equity ETF were worth $7,703,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. BNP Paribas Financial Markets bought a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at $354,000. Brown Advisory Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 0.5% in the 4th quarter. Brown Advisory Inc. now owns 65,073 shares of the company’s stock worth $4,954,000 after acquiring an additional 327 shares during the last quarter. TrinityPoint Wealth LLC lifted its position in Schwab US Dividend Equity ETF by 4.8% in the 4th quarter. TrinityPoint Wealth LLC now owns 244,045 shares of the company’s stock valued at $18,579,000 after acquiring an additional 11,267 shares in the last quarter. Balentine LLC boosted its stake in Schwab US Dividend Equity ETF by 326.4% during the 4th quarter. Balentine LLC now owns 4,895 shares of the company’s stock valued at $373,000 after purchasing an additional 3,747 shares during the last quarter. Finally, Trexquant Investment LP increased its holdings in Schwab US Dividend Equity ETF by 39.6% during the 4th quarter. Trexquant Investment LP now owns 10,093 shares of the company’s stock worth $768,000 after purchasing an additional 2,863 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.8 %

Shares of Schwab US Dividend Equity ETF stock opened at $84.85 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $85.24. The business has a 50 day moving average price of $82.09 and a 200-day moving average price of $79.58. The company has a market cap of $59.52 billion, a PE ratio of 15.04 and a beta of 0.74.

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.