JPMorgan Chase & Co. Buys 95,857 Shares of Schwab US Dividend Equity ETF $SCHD

JPMorgan Chase & Co. boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,616,851 shares of the company’s stock after purchasing an additional 95,857 shares during the quarter. JPMorgan Chase & Co. owned about 0.18% of Schwab US Dividend Equity ETF worth $126,040,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Rakuten Investment Management Inc. bought a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $1,127,144,000. Cibc World Market Inc. grew its stake in Schwab US Dividend Equity ETF by 243.5% in the third quarter. Cibc World Market Inc. now owns 5,328,615 shares of the company’s stock valued at $145,471,000 after acquiring an additional 3,777,339 shares during the period. Osaic Holdings Inc. grew its stake in Schwab US Dividend Equity ETF by 12.1% in the second quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock valued at $298,684,000 after acquiring an additional 1,217,005 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 6.0% during the second quarter. Envestnet Asset Management Inc. now owns 19,215,884 shares of the company’s stock valued at $509,221,000 after acquiring an additional 1,083,206 shares in the last quarter. Finally, Cerity Partners LLC raised its position in shares of Schwab US Dividend Equity ETF by 18.0% during the third quarter. Cerity Partners LLC now owns 6,599,938 shares of the company’s stock worth $180,178,000 after purchasing an additional 1,005,469 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.1%

NYSEARCA SCHD opened at $31.61 on Monday. The company has a market cap of $83.14 billion, a P/E ratio of 14.57 and a beta of 0.77. The company has a fifty day simple moving average of $29.20 and a 200 day simple moving average of $27.93. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $31.88.

Schwab US Dividend Equity ETF 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.