Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by JMG Financial Group Ltd.

JMG Financial Group Ltd. raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 29.5% during the 4th quarter, HoldingsChannel reports. The firm owned 18,954 shares of the company’s stock after acquiring an additional 4,323 shares during the period. JMG Financial Group Ltd.’s holdings in Schwab US Dividend Equity ETF were worth $1,443,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the stock. Grey Street Capital LLC raised its stake in shares of Schwab US Dividend Equity ETF by 1.0% during the 4th quarter. Grey Street Capital LLC now owns 13,599 shares of the company’s stock worth $1,035,000 after buying an additional 136 shares in the last quarter. Zullo Investment Group Inc. grew its position in Schwab US Dividend Equity ETF by 0.5% during the fourth quarter. Zullo Investment Group Inc. now owns 32,014 shares of the company’s stock worth $2,437,000 after buying an additional 144 shares during the period. StrategIQ Financial Group LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 1.0% during the 4th quarter. StrategIQ Financial Group LLC now owns 14,156 shares of the company’s stock worth $1,078,000 after acquiring an additional 145 shares in the last quarter. Indie Asset Partners LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 0.7% during the 4th quarter. Indie Asset Partners LLC now owns 19,890 shares of the company’s stock worth $1,514,000 after acquiring an additional 146 shares in the last quarter. Finally, Trifecta Capital Advisors LLC grew its holdings in Schwab US Dividend Equity ETF by 20.0% in the third quarter. Trifecta Capital Advisors LLC now owns 900 shares of the company’s stock valued at $64,000 after purchasing an additional 150 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD traded up $0.48 during mid-day trading on Tuesday, hitting $77.72. 2,505,684 shares of the company’s stock traded hands, compared to its average volume of 3,649,406. The firm’s 50 day simple moving average is $78.25 and its 200 day simple moving average is $75.11. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $80.82. The company has a market cap of $54.46 billion, a PE ratio of 15.00 and a beta of 0.79.

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.