16,228 Shares in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Purchased by JPL Wealth Management LLC

JPL Wealth Management LLC purchased a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 16,228 shares of the company’s stock, valued at approximately $1,235,000.

A number of other institutional investors and hedge funds have also made changes to their positions in SCHD. Raleigh Capital Management Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth approximately $28,000. Signature Resources Capital Management LLC purchased a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $32,000. Bear Mountain Capital Inc. acquired a new stake in Schwab US Dividend Equity ETF during the fourth quarter worth approximately $34,000. Howe & Rusling Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 209.8% during the 3rd quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock worth $36,000 after buying an additional 344 shares during the last quarter. Finally, WestHill Financial Advisors Inc. increased its position in shares of Schwab US Dividend Equity ETF by 106.3% during the third quarter. WestHill Financial Advisors Inc. now owns 619 shares of the company’s stock worth $44,000 after purchasing an additional 319 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.6 %

SCHD traded down $0.44 during trading on Wednesday, hitting $79.02. 2,379,139 shares of the stock were exchanged, compared to its average volume of 3,428,489. The firm has a market capitalization of $55.43 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1-year low of $66.67 and a 1-year high of $80.82. The stock has a fifty day moving average price of $78.58 and a two-hundred day moving average price of $76.38.

Schwab US Dividend Equity ETF Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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