JMG Financial Group Ltd. Sells 3,020 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

JMG Financial Group Ltd. reduced its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 18.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,334 shares of the company’s stock after selling 3,020 shares during the quarter. JMG Financial Group Ltd.’s holdings in Schwab US Dividend Equity ETF were worth $1,037,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in SCHD. International Assets Investment Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $1,176,000. Mather Group LLC. bought a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter worth $239,000. Mission Wealth Management LP increased its position in shares of Schwab US Dividend Equity ETF by 123.7% in the fourth quarter. Mission Wealth Management LP now owns 7,596 shares of the company’s stock worth $578,000 after purchasing an additional 4,200 shares during the period. Brighton Jones LLC grew its position in Schwab US Dividend Equity ETF by 7.3% in the fourth quarter. Brighton Jones LLC now owns 29,423 shares of the company’s stock valued at $2,240,000 after acquiring an additional 1,998 shares during the last quarter. Finally, Northcape Wealth Management LLC bought a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at about $274,000.

Schwab US Dividend Equity ETF Trading Up 0.8 %

Schwab US Dividend Equity ETF stock traded up $0.67 during midday trading on Friday, reaching $84.53. The company’s stock had a trading volume of 2,472,968 shares, compared to its average volume of 3,212,576. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $84.57. The business has a 50-day moving average price of $80.47 and a 200-day moving average price of $78.98. The stock has a market cap of $59.30 billion, a PE ratio of 15.04 and a beta of 0.74.

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.