Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Position Lifted by Joule Financial LLC

Joule Financial LLC lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 217.8% in the fourth quarter, HoldingsChannel reports. The firm owned 732,390 shares of the company’s stock after buying an additional 501,921 shares during the period. Schwab US Dividend Equity ETF makes up about 7.1% of Joule Financial LLC’s portfolio, making the stock its 4th biggest holding. Joule Financial LLC’s holdings in Schwab US Dividend Equity ETF were worth $20,009,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 3.1% in the 3rd quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock valued at $974,748,000 after purchasing an additional 350,872 shares during the last quarter. Orgel Wealth Management LLC boosted its stake in Schwab US Dividend Equity ETF by 159.8% during the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock worth $302,220,000 after buying an additional 6,804,908 shares during the period. Keystone Financial Planning Inc. increased its position in shares of Schwab US Dividend Equity ETF by 188.6% during the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after acquiring an additional 3,506,729 shares during the last quarter. Commonwealth Equity Services LLC increased its position in shares of Schwab US Dividend Equity ETF by 7.5% during the third quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock valued at $361,948,000 after acquiring an additional 297,674 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Schwab US Dividend Equity ETF by 2.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock valued at $306,788,000 after acquiring an additional 101,637 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $27.99 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.03 and a fifty-two week high of $29.72. The company has a 50 day moving average price of $28.19 and a 200 day moving average price of $27.82. The stock has a market capitalization of $19.63 billion, a P/E 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.