Nabity Jensen Investment Management Inc Has $3.98 Million Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Nabity Jensen Investment Management Inc increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 145,509 shares of the company’s stock after purchasing an additional 97,056 shares during the period. Schwab US Dividend Equity ETF makes up approximately 3.0% of Nabity Jensen Investment Management Inc’s investment portfolio, making the stock its 11th largest holding. Nabity Jensen Investment Management Inc’s holdings in Schwab US Dividend Equity ETF were worth $3,975,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its position in shares of Schwab US Dividend Equity ETF by 7.2% during the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock worth $132,552,000 after purchasing an additional 104,855 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after acquiring an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Schwab US Dividend Equity ETF in the third quarter valued at about $163,000. Synovus Financial Corp increased its holdings in shares of Schwab US Dividend Equity ETF by 148.1% in the third quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock worth $3,594,000 after acquiring an additional 25,380 shares in the last quarter. Finally, Anchor Investment Management LLC raised its position in shares of Schwab US Dividend Equity ETF by 1.1% during the third quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock worth $3,256,000 after purchasing an additional 428 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $27.52 on Wednesday. The stock has a 50 day simple moving average of $28.26 and a 200 day simple moving average of $27.79. Schwab US Dividend Equity ETF has a 52-week low of $24.97 and a 52-week high of $29.72. The firm has a market capitalization of $19.31 billion, a PE ratio of 15.04 and a beta of 0.74.

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.