Johnson Financial Group Inc. Grows Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Johnson Financial Group Inc. grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 30.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 13,881 shares of the company’s stock after acquiring an additional 3,257 shares during the quarter. Johnson Financial Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,057,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in SCHD. Raleigh Capital Management Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $28,000. Signature Resources Capital Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at about $32,000. Bear Mountain Capital Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at about $34,000. Howe & Rusling Inc. lifted its position in 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 acquiring an additional 344 shares during the period. Finally, WestHill Financial Advisors Inc. lifted its position in Schwab US Dividend Equity ETF by 106.3% during the 3rd quarter. WestHill Financial Advisors Inc. now owns 619 shares of the company’s stock worth $44,000 after acquiring an additional 319 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock traded up $0.12 during mid-day trading on Friday, reaching $78.10. 2,391,655 shares of the company were exchanged, compared to its average volume of 3,422,266. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $80.82. The firm’s 50-day simple moving average is $78.55 and its two-hundred day simple moving average is $76.52. The firm has a market cap of $54.79 billion, a PE ratio of 15.04 and a beta of 0.74.

Schwab US Dividend Equity ETF Company 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.