Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is JBJ Investment Partners LLC’s Largest Position

JBJ Investment Partners LLC raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 11.5% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 1,609,821 shares of the company’s stock after buying an additional 165,588 shares during the period. Schwab US Dividend Equity ETF comprises about 30.9% of JBJ Investment Partners LLC’s portfolio, making the stock its largest holding. JBJ Investment Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $85,433,000 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 SCHD. Ronna Sue Cohen increased its stake in shares of Schwab US Dividend Equity ETF by 5,002.6% in the 1st quarter. Ronna Sue Cohen now owns 1,072,162 shares of the company’s stock valued at $1,072,000 after purchasing an additional 1,051,150 shares in the last quarter. Mercer Global Advisors Inc. ADV purchased a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at about $20,600,000. Joseph P. Lucia & Associates LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at about $7,361,000. Enterprise Financial Services Corp purchased a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at about $14,143,000. Finally, Envestnet Asset Management Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 23.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,278,204 shares of the company’s stock valued at $66,825,000 after purchasing an additional 245,558 shares in the last quarter.

Shares of Schwab US Dividend Equity ETF stock opened at $51.41 on Tuesday. Schwab US Dividend Equity ETF has a twelve month low of $44.03 and a twelve month high of $55.12. The company has a 50-day simple moving average of $53.69.

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Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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