Northeast Financial Group Inc. Buys 1,181 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Northeast Financial Group Inc. grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 194,681 shares of the company’s stock after acquiring an additional 1,181 shares during the period. Schwab US Dividend Equity ETF accounts for 6.5% of Northeast Financial Group Inc.’s holdings, making the stock its 5th largest position. Northeast Financial Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $15,138,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Central Pacific Bank Trust Division bought a new position in Schwab US Dividend Equity ETF during the first quarter worth about $25,000. CarsonAllaria Wealth Management Ltd. acquired a new stake in shares of Schwab US Dividend Equity ETF in the first quarter valued at approximately $26,000. PFG Private Wealth Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at approximately $27,000. Olistico Wealth LLC bought a new position in Schwab US Dividend Equity ETF during the 2nd quarter worth $28,000. Finally, Voisard Asset Management Group Inc. acquired a new position in Schwab US Dividend Equity ETF in the 4th quarter valued at $29,000.

Schwab US Dividend Equity ETF Stock Down 0.5 %

Shares of NYSEARCA:SCHD traded down $0.38 during trading on Monday, reaching $79.79. 2,548,344 shares of the company traded hands, compared to its average volume of 3,285,757. The firm has a market capitalization of $55.97 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $83.19. The company’s 50 day moving average is $79.05 and its two-hundred day moving average is $78.42.

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.