Johnson Investment Counsel Inc. Has $2.74 Million Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Johnson Investment Counsel Inc. lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,783 shares of the company’s stock after buying an additional 2,077 shares during the quarter. Johnson Investment Counsel Inc.’s holdings in Schwab US Dividend Equity ETF were worth $2,744,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. O Shaughnessy Asset Management LLC increased its position in shares of Schwab US Dividend Equity ETF by 115.2% during the first quarter. O Shaughnessy Asset Management LLC now owns 353 shares of the company’s stock worth $26,000 after buying an additional 189 shares during the period. NewSquare Capital LLC grew its holdings in Schwab US Dividend Equity ETF by 4,672.7% in the second quarter. NewSquare Capital LLC now owns 525 shares of the company’s stock worth $38,000 after purchasing an additional 514 shares during the period. Founders Capital Management acquired a new stake in Schwab US Dividend Equity ETF in the second quarter worth $44,000. First Command Bank acquired a new stake in Schwab US Dividend Equity ETF in the second quarter worth $46,000. Finally, Spotlight Asset Group Inc. acquired a new stake in Schwab US Dividend Equity ETF in the second quarter worth $51,000.

Schwab US Dividend Equity ETF Trading Up 0.5 %

NYSEARCA:SCHD opened at $71.14 on Friday. The stock has a market capitalization of $46.82 billion, a price-to-earnings ratio of 14.38 and a beta of 0.88. The firm has a fifty day simple moving average of $70.50 and a two-hundred day simple moving average of $71.88. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $79.49.

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.