JB Capital LLC Has $425,000 Holdings in Schwab US Dividend Equity ETF $SCHD

JB Capital LLC boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 19.7% during the second quarter, Holdings Channel.com reports. The institutional investor owned 16,036 shares of the company’s stock after acquiring an additional 2,640 shares during the quarter. JB Capital LLC’s holdings in Schwab US Dividend Equity ETF were worth $425,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Robertson Stephens Wealth Management LLC grew its position in shares of Schwab US Dividend Equity ETF by 4.5% in the second quarter. Robertson Stephens Wealth Management LLC now owns 159,027 shares of the company’s stock valued at $4,214,000 after purchasing an additional 6,920 shares during the last quarter. Aurora Private Wealth Inc. grew its position in shares of Schwab US Dividend Equity ETF by 4.3% in the second quarter. Aurora Private Wealth Inc. now owns 66,304 shares of the company’s stock valued at $1,757,000 after purchasing an additional 2,704 shares during the last quarter. Mengis Capital Management Inc. grew its position in shares of Schwab US Dividend Equity ETF by 3.5% in the second quarter. Mengis Capital Management Inc. now owns 98,770 shares of the company’s stock valued at $2,617,000 after purchasing an additional 3,309 shares during the last quarter. Etesian Wealth Advisors Inc. grew its position in shares of Schwab US Dividend Equity ETF by 123.3% in the second quarter. Etesian Wealth Advisors Inc. now owns 17,670 shares of the company’s stock valued at $468,000 after purchasing an additional 9,756 shares during the last quarter. Finally, Coordinated Financial Services Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the second quarter valued at approximately $2,756,000.

Schwab US Dividend Equity ETF Trading Down 1.7%

Schwab US Dividend Equity ETF stock opened at $26.54 on Friday. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $29.72. The stock’s 50 day moving average is $27.36 and its 200-day moving average is $26.74. The company has a market capitalization of $69.35 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88.

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.