Zullo Investment Group Inc. Grows Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Zullo Investment Group Inc. grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 176.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 92,010 shares of the company’s stock after buying an additional 58,776 shares during the period. Schwab US Dividend Equity ETF accounts for about 1.0% of Zullo Investment Group Inc.’s holdings, making the stock its 20th biggest holding. Zullo Investment Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $2,514,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. JPMorgan Chase & Co. increased its holdings in shares of Schwab US Dividend Equity ETF by 7.2% in the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after purchasing an additional 104,855 shares during the last quarter. GAMMA Investing LLC grew its holdings in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock valued at $266,000 after buying an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth $163,000. Tenon Financial LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 200.1% during the 4th quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock worth $412,000 after acquiring an additional 10,082 shares during the period. Finally, Summit Wealth & Retirement Planning Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 195.0% during the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock valued at $715,000 after acquiring an additional 17,305 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.7 %

Shares of SCHD opened at $28.18 on Thursday. The firm has a 50-day moving average price of $27.69 and a 200 day moving average price of $28.01. Schwab US Dividend Equity ETF has a 12-month low of $25.18 and a 12-month high of $29.72. The firm has a market capitalization of $69.04 billion, a P/E ratio of 17.48 and a beta of 0.88.

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.