Joule Financial LLC Has $21.95 Million Stock Position in Schwab US Dividend Equity ETF $SCHD

Joule Financial LLC increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 803,884 shares of the company’s stock after purchasing an additional 35,938 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 6.6% of Joule Financial LLC’s investment portfolio, making the stock its 6th biggest position. Joule Financial LLC’s holdings in Schwab US Dividend Equity ETF were worth $21,946,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. Biltmore Family Office LLC raised its stake in Schwab US Dividend Equity ETF by 116.4% during the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after purchasing an additional 524 shares during the period. PrairieView Partners LLC grew its holdings in Schwab US Dividend Equity ETF by 57.3% during the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after buying an additional 467 shares in the last quarter. Vaughan Nelson Investment Management L.P. bought a new stake in shares of Schwab US Dividend Equity ETF during the second quarter valued at approximately $39,000. Independence Bank of Kentucky purchased a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth $41,000. Finally, True Wealth Design LLC boosted its position in shares of Schwab US Dividend Equity ETF by 42.9% during the third quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock worth $41,000 after acquiring an additional 450 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $29.30 on Thursday. The stock has a market capitalization of $76.92 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.49. The company has a fifty day moving average of $27.96 and a 200 day moving average of $27.44.

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.