Welch Group LLC Grows Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Welch Group LLC grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 7,795 shares of the company’s stock after purchasing an additional 5,220 shares during the quarter. Welch Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $212,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in Schwab US Dividend Equity ETF by 7.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after purchasing an additional 104,855 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after buying an additional 6,502 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in Schwab US Dividend Equity ETF during the third quarter valued at about $163,000. Synovus Financial Corp increased its holdings in Schwab US Dividend Equity ETF by 148.1% during the third quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock worth $3,594,000 after buying an additional 25,380 shares during the last quarter. Finally, Anchor Investment Management LLC raised its position in Schwab US Dividend Equity ETF by 1.1% in the third quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock worth $3,256,000 after acquiring an additional 428 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.1 %

Schwab US Dividend Equity ETF stock opened at $27.76 on Wednesday. The firm has a 50 day moving average price of $27.98 and a 200-day moving average price of $27.97. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month high of $29.72. The company has a market capitalization of $19.47 billion, a P/E 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.