Janney Capital Management LLC Increases Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Janney Capital Management LLC boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 186.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 68,194 shares of the company’s stock after purchasing an additional 44,396 shares during the period. Janney Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,863,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Magnus Financial Group LLC raised its stake in shares of Schwab US Dividend Equity ETF by 210.3% in the fourth quarter. Magnus Financial Group LLC now owns 22,566 shares of the company’s stock worth $617,000 after purchasing an additional 15,293 shares during the last quarter. Daymark Wealth Partners LLC raised its position in Schwab US Dividend Equity ETF by 195.9% during the 4th quarter. Daymark Wealth Partners LLC now owns 13,502 shares of the company’s stock worth $369,000 after buying an additional 8,939 shares during the last quarter. Investment Advisory Group LLC raised its position in Schwab US Dividend Equity ETF by 264.1% during the 4th quarter. Investment Advisory Group LLC now owns 89,864 shares of the company’s stock worth $2,455,000 after buying an additional 65,180 shares during the last quarter. ForthRight Wealth Management LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 207.6% in the 4th quarter. ForthRight Wealth Management LLC now owns 1,031,124 shares of the company’s stock valued at $28,170,000 after acquiring an additional 695,920 shares during the last quarter. Finally, Albion Financial Group UT increased its stake in shares of Schwab US Dividend Equity ETF by 216.1% in the fourth quarter. Albion Financial Group UT now owns 393,304 shares of the company’s stock worth $10,745,000 after acquiring an additional 268,879 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $27.92 on Thursday. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 year high of $29.72. The stock has a market cap of $19.59 billion, a PE ratio of 15.04 and a beta of 0.74. The firm has a fifty day moving average price of $28.15 and a 200 day moving average price of $27.87.

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.