Tull Financial Group Inc. Raises Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Tull Financial Group Inc. boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 21.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 282,070 shares of the company’s stock after buying an additional 49,734 shares during the period. Schwab US Dividend Equity ETF makes up 4.6% of Tull Financial Group Inc.’s investment portfolio, making the stock its 8th largest position. Tull Financial Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $7,706,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its holdings in shares of Schwab US Dividend Equity ETF by 7.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after buying an additional 104,855 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock valued at $266,000 after buying an additional 6,502 shares during the period. Wilmington Savings Fund Society FSB bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $163,000. Tenon Financial LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 200.1% during the 4th quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock valued at $412,000 after buying an additional 10,082 shares during the period. Finally, Summit Wealth & Retirement Planning Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 195.0% in the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock worth $715,000 after purchasing an additional 17,305 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $28.26 on Tuesday. The firm has a market capitalization of $69.24 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72. The business has a fifty day moving average price of $27.69 and a 200-day moving average price of $28.05.

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.