Juno Financial Group LLC Takes $8.88 Million Position in Schwab US Dividend Equity ETF $SCHD

Juno Financial Group LLC purchased a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 323,802 shares of the company’s stock, valued at approximately $8,882,000. Schwab US Dividend Equity ETF accounts for approximately 3.6% of Juno Financial Group LLC’s holdings, making the stock its 10th largest position.

Several other hedge funds have also made changes to their positions in the company. Colorado Capital Management Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 0.9% in the 4th quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock valued at $1,060,000 after buying an additional 362 shares during the period. Ellis Investment Partners LLC grew its stake in shares of Schwab US Dividend Equity ETF by 1.1% in the 3rd quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock valued at $938,000 after buying an additional 375 shares during the period. Westside Investment Management Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 5.6% in the 3rd quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock valued at $198,000 after buying an additional 383 shares during the period. International Private Wealth Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF by 3.3% in the 4th quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock valued at $340,000 after buying an additional 397 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 3.4% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 12,384 shares of the company’s stock worth $339,000 after purchasing an additional 402 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $31.01 on Thursday. The stock has a market capitalization of $87.47 billion, a P/E ratio of 14.57 and a beta of 0.70. The company has a 50 day moving average price of $31.00 and a 200 day moving average price of $28.98. Schwab US Dividend Equity ETF has a fifty-two week low of $25.28 and a fifty-two week high of $31.95.

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.