Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stake Lifted by JMG Financial Group Ltd.

JMG Financial Group Ltd. grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 196.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,836 shares of the company’s stock after purchasing an additional 25,737 shares during the period. JMG Financial Group Ltd.’s holdings in Schwab US Dividend Equity ETF were worth $1,061,000 as of its most recent filing with the Securities and Exchange Commission.

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

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $28.32 on Friday. The company’s 50 day simple moving average is $27.69 and its 200-day simple moving average is $28.02. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72. The stock has a market capitalization of $69.38 billion, a P/E ratio of 17.48 and a beta of 0.88.

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.