Jaffetilchin Investment Partners LLC Buys 3,515 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Jaffetilchin Investment Partners LLC boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 150,545 shares of the company’s stock after purchasing an additional 3,515 shares during the quarter. Schwab US Dividend Equity ETF comprises about 1.0% of Jaffetilchin Investment Partners LLC’s investment portfolio, making the stock its 26th largest holding. Jaffetilchin Investment Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $11,706,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter worth about $1,176,000. Mather Group LLC. acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $239,000. Mission Wealth Management LP boosted its position in Schwab US Dividend Equity ETF by 123.7% during the fourth quarter. Mission Wealth Management LP now owns 7,596 shares of the company’s stock valued at $578,000 after purchasing an additional 4,200 shares during the last quarter. Brighton Jones LLC boosted its position in Schwab US Dividend Equity ETF by 7.3% during the fourth quarter. Brighton Jones LLC now owns 29,423 shares of the company’s stock valued at $2,240,000 after purchasing an additional 1,998 shares during the last quarter. Finally, Northcape Wealth Management LLC acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $274,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD traded up $0.67 during trading hours on Friday, hitting $84.53. 2,472,968 shares of the company traded hands, compared to its average volume of 3,212,576. The business’s 50-day moving average is $80.47 and its 200-day moving average is $78.98. The stock has a market capitalization of $59.30 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $84.57.

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.