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

Jones Financial Companies Lllp increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 472.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,455,007 shares of the company’s stock after buying an additional 1,200,627 shares during the period. Jones Financial Companies Lllp’s holdings in Schwab US Dividend Equity ETF were worth $39,751,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Kennebec Savings Bank purchased a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth about $31,000. Galvin Gaustad & Stein LLC increased its holdings in Schwab US Dividend Equity ETF by 2.1% during the 3rd quarter. Galvin Gaustad & Stein LLC now owns 17,987 shares of the company’s stock worth $1,520,000 after acquiring an additional 377 shares during the period. Phillips Financial Management LLC lifted its stake in Schwab US Dividend Equity ETF by 144.8% in the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock worth $56,000 after purchasing an additional 391 shares in the last quarter. Carmichael Hill & Associates Inc. boosted its holdings in Schwab US Dividend Equity ETF by 1.9% in the 3rd quarter. Carmichael Hill & Associates Inc. now owns 21,086 shares of the company’s stock valued at $1,782,000 after purchasing an additional 394 shares during the period. Finally, Legacy Investment Solutions LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $34,000.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $28.54 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 cap of $69.92 billion, a P/E ratio of 17.48 and a beta of 0.88. The firm’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.