Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by JBR Co Financial Management Inc

JBR Co Financial Management Inc increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 241.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund 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 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Alpha Financial Partners LLC acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $1,283,000. Greenleaf Trust raised its holdings in Schwab US Dividend Equity ETF by 18.1% in the 3rd quarter. Greenleaf Trust now owns 3,956 shares of the company’s stock valued at $334,000 after acquiring an additional 605 shares during the last quarter. Joel Isaacson & Co. LLC raised its holdings in Schwab US Dividend Equity ETF by 4.5% in the 3rd quarter. Joel Isaacson & Co. LLC now owns 15,053 shares of the company’s stock valued at $1,272,000 after acquiring an additional 652 shares during the last quarter. Convergence Financial LLC acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $242,000. Finally, Highland Capital Management LLC acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $356,000.

Schwab US Dividend Equity ETF Trading Down 0.4 %

SCHD stock opened at $28.21 on Friday. The company has a market cap of $69.11 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a 12 month low of $25.18 and a 12 month high of $29.72. The firm has a 50-day moving average of $27.69 and a two-hundred day moving average of $28.03.

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.