JBR Co Financial Management Inc Boosts Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

JBR Co Financial Management Inc grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 241.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 49,908 shares of the company’s stock after purchasing an additional 35,293 shares during the period. JBR Co Financial Management Inc’s holdings in Schwab US Dividend Equity ETF were worth $1,363,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in SCHD. JPMorgan Chase & Co. boosted its position in shares of Schwab US Dividend Equity ETF by 7.2% during the 3rd 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 during the period. GAMMA Investing LLC boosted its position in shares of 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 period. Wilmington Savings Fund Society FSB purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $163,000. Tenon Financial LLC boosted its position in shares of Schwab US Dividend Equity ETF by 200.1% during the 4th quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock worth $412,000 after purchasing an additional 10,082 shares during the period. Finally, Summit Wealth & Retirement Planning Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 195.0% during the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock worth $715,000 after purchasing an additional 17,305 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $28.21 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $29.72. The stock has a market capitalization of $69.11 billion, a P/E ratio of 17.48 and a beta of 0.88. The company has a 50 day moving average price of $27.69 and a 200 day moving average price of $28.03.

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.