Johnson Financial Group Inc. Has $687,000 Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Johnson Financial Group Inc. boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 189.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 24,696 shares of the company’s stock after buying an additional 16,154 shares during the period. Johnson Financial Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $687,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. increased 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 in the last quarter. GAMMA Investing LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after buying an additional 6,502 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Schwab US Dividend Equity ETF by 268.3% during the fourth quarter. Russell Investments Group Ltd. now owns 22,732 shares of the company’s stock worth $621,000 after buying an additional 16,560 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $163,000. Finally, Tenon Financial LLC grew its position in 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 acquiring an additional 10,082 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $25.67 on Friday. The stock has a market capitalization of $66.23 billion, a price-to-earnings ratio of 15.04 and a beta of 0.83. The business has a fifty day moving average price of $27.00 and a 200 day moving average price of $27.78. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72.

Schwab US Dividend Equity ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were issued a $0.2488 dividend. The ex-dividend date was Wednesday, March 26th.

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.