Juncture Wealth Strategies LLC Has $9.59 Million Position in Schwab US Dividend Equity ETF $SCHD

Juncture Wealth Strategies LLC lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.5% in the 2nd quarter, Holdings Channel reports. The fund owned 361,853 shares of the company’s stock after buying an additional 5,447 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 3.4% of Juncture Wealth Strategies LLC’s holdings, making the stock its 4th largest position. Juncture Wealth Strategies LLC’s holdings in Schwab US Dividend Equity ETF were worth $9,589,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Opal Wealth Advisors LLC bought a new position in Schwab US Dividend Equity ETF in the 1st quarter worth about $27,000. Cooksen Wealth LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at about $38,000. Optimum Investment Advisors raised its holdings in shares of Schwab US Dividend Equity ETF by 57.6% in the 1st quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock valued at $39,000 after acquiring an additional 505 shares in the last quarter. MTM Investment Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at about $40,000. Finally, Westside Investment Management Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 3,666.7% in the 1st quarter. Westside Investment Management Inc. now owns 1,469 shares of the company’s stock valued at $41,000 after acquiring an additional 1,430 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.9%

Shares of NYSEARCA SCHD opened at $27.48 on Monday. The stock has a market cap of $71.68 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72. The stock’s 50-day moving average is $27.30 and its 200 day moving average is $26.82.

Schwab US Dividend Equity ETF 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.