27,490 Schwab US Dividend Equity ETF $SCHD Shares Sold by Joseph Group Capital Management

Joseph Group Capital Management lessened its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 8.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 294,563 shares of the company’s stock after selling 27,490 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 1.7% of Joseph Group Capital Management’s investment portfolio, making the stock its 14th biggest position. Joseph Group Capital Management’s holdings in Schwab US Dividend Equity ETF were worth $9,582,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vanguard Capital Wealth Advisors boosted its stake in shares of Schwab US Dividend Equity ETF by 0.8% in the 3rd quarter. Vanguard Capital Wealth Advisors now owns 38,880 shares of the company’s stock valued at $1,265,000 after purchasing an additional 296 shares in the last quarter. Wealth Management Partners LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 1.7% during the 3rd quarter. Wealth Management Partners LLC now owns 18,307 shares of the company’s stock valued at $596,000 after purchasing an additional 300 shares during the last quarter. Triumph Capital Management grew its holdings in shares of Schwab US Dividend Equity ETF by 14.6% during the 3rd quarter. Triumph Capital Management now owns 2,389 shares of the company’s stock valued at $78,000 after purchasing an additional 305 shares during the last quarter. Gemmer Asset Management LLC increased its position in Schwab US Dividend Equity ETF by 1.5% during the 2nd quarter. Gemmer Asset Management LLC now owns 21,618 shares of the company’s stock worth $686,000 after purchasing an additional 317 shares in the last quarter. Finally, FC Advisory LLC increased its position in Schwab US Dividend Equity ETF by 1.8% during the 3rd quarter. FC Advisory LLC now owns 19,234 shares of the company’s stock worth $626,000 after purchasing an additional 336 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $35.65 on Tuesday. The company has a market cap of $121.30 billion, a price-to-earnings ratio of 19.09 and a beta of 0.66. The firm has a 50 day simple moving average of $34.21 and a 200 day simple moving average of $32.52. Schwab US Dividend Equity ETF has a one year low of $26.51 and a one year high of $36.38.

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.