Schwab US Dividend Equity ETF $SCHD Stock Position Boosted by Joseph Group Capital Management

Joseph Group Capital Management lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 342,239 shares of the company’s stock after purchasing an additional 19,571 shares during the period. Schwab US Dividend Equity ETF accounts for about 3.0% of Joseph Group Capital Management’s investment portfolio, making the stock its 8th biggest position. Joseph Group Capital Management’s holdings in Schwab US Dividend Equity ETF were worth $9,069,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Kozak & Associates Inc. grew its position in shares of Schwab US Dividend Equity ETF by 476.1% during the 2nd quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock worth $31,000 after buying an additional 938 shares in the last quarter. PrairieView Partners LLC lifted its holdings in Schwab US Dividend Equity ETF by 57.3% during the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after buying an additional 467 shares during the period. Financial Management Professionals Inc. boosted its position in Schwab US Dividend Equity ETF by 241.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after acquiring an additional 907 shares in the last quarter. Vaughan Nelson Investment Management L.P. purchased a new position in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at $39,000. Finally, MTM Investment Management LLC bought a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter worth $40,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $26.72 on Monday. The stock’s 50-day moving average is $27.14 and its 200 day moving average is $26.87. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72. The company has a market cap of $69.09 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.