J2 Capital Management Inc Makes New Investment in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

J2 Capital Management Inc bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 12,114 shares of the company’s stock, valued at approximately $331,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHD. Central Pacific Bank Trust Division raised its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after acquiring an additional 604 shares during the last quarter. IFS Advisors LLC increased its holdings in Schwab US Dividend Equity ETF by 184.4% during the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after purchasing an additional 699 shares during the period. Kennebec Savings Bank bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $31,000. Barrett & Company Inc. bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $34,000. Finally, Legacy Investment Solutions LLC purchased a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $34,000.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $27.99 on Friday. The stock has a market capitalization of $19.63 billion, a PE ratio of 15.04 and a beta of 0.74. The stock’s 50 day moving average price is $28.19 and its 200-day moving average price is $27.82. Schwab US Dividend Equity ETF has a 52-week low of $25.03 and a 52-week high of $29.72.

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.