Johnson Investment Counsel Inc. Raises Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Johnson Investment Counsel Inc. boosted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.8% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 38,479 shares of the company’s stock after acquiring an additional 300 shares during the period. Johnson Investment Counsel Inc.’s holdings in Schwab US Dividend Equity ETF were worth $2,992,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Montis Financial LLC grew its position in Schwab US Dividend Equity ETF by 67.8% during the second quarter. Montis Financial LLC now owns 31,329 shares of the company’s stock valued at $2,436,000 after buying an additional 12,656 shares during the period. Fortune Financial Advisors LLC grew its position in Schwab US Dividend Equity ETF by 36.1% during the second quarter. Fortune Financial Advisors LLC now owns 12,246 shares of the company’s stock valued at $952,000 after buying an additional 3,251 shares during the period. Hazlett Burt & Watson Inc. grew its position in Schwab US Dividend Equity ETF by 0.9% during the second quarter. Hazlett Burt & Watson Inc. now owns 123,905 shares of the company’s stock valued at $9,629,000 after buying an additional 1,103 shares during the period. LPL Financial LLC grew its position in Schwab US Dividend Equity ETF by 3.1% during the second quarter. LPL Financial LLC now owns 11,180,518 shares of the company’s stock valued at $869,397,000 after buying an additional 339,256 shares during the period. Finally, HHM Wealth Advisors LLC grew its position in Schwab US Dividend Equity ETF by 2.4% during the second quarter. HHM Wealth Advisors LLC now owns 1,528,115 shares of the company’s stock valued at $118,826,000 after buying an additional 36,453 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.1 %

Shares of NYSEARCA SCHD opened at $82.65 on Friday. The company’s 50-day simple moving average is $81.44 and its 200-day simple moving average is $79.36. Schwab US Dividend Equity ETF has a 52-week low of $66.67 and a 52-week high of $84.57. The firm has a market cap of $57.98 billion, a price-to-earnings 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.