Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by JNBA Financial Advisors

JNBA Financial Advisors raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 197.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 845,129 shares of the company’s stock after buying an additional 561,421 shares during the quarter. Schwab US Dividend Equity ETF comprises 2.4% of JNBA Financial Advisors’ portfolio, making the stock its 10th biggest position. JNBA Financial Advisors owned 0.12% of Schwab US Dividend Equity ETF worth $23,089,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Central Pacific Bank Trust Division grew its position in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after buying an additional 604 shares during the period. Hoese & Co LLP acquired a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $26,000. IFS Advisors LLC grew its position in shares of Schwab US Dividend Equity ETF by 184.4% in the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after purchasing an additional 699 shares during the period. Kennebec Savings Bank acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $31,000. Finally, Olistico Wealth LLC grew its position in shares of Schwab US Dividend Equity ETF by 202.2% in the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after purchasing an additional 748 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $27.79 on Friday. The stock has a 50 day simple moving average of $27.72 and a 200 day simple moving average of $28.00. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week high of $29.72. The firm has a market capitalization of $19.49 billion, a PE ratio of 15.04 and a beta of 0.74.

About Schwab US Dividend Equity ETF

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.