Northeast Financial Group Inc. Raises Position in Schwab US Dividend Equity ETF $SCHD

Northeast Financial Group Inc. grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 17.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 518,741 shares of the company’s stock after purchasing an additional 77,752 shares during the period. Schwab US Dividend Equity ETF makes up 4.0% of Northeast Financial Group Inc.’s portfolio, making the stock its 5th biggest holding. Northeast Financial Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $13,747,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. First Pacific Financial grew its position in shares of Schwab US Dividend Equity ETF by 613.2% during the 2nd quarter. First Pacific Financial now owns 4,215 shares of the company’s stock valued at $112,000 after purchasing an additional 3,624 shares in the last quarter. Trilogy Capital Inc. grew its position in shares of Schwab US Dividend Equity ETF by 8.0% during the 2nd quarter. Trilogy Capital Inc. now owns 24,824 shares of the company’s stock valued at $658,000 after purchasing an additional 1,846 shares in the last quarter. Eagle Capital Management LLC grew its position in shares of Schwab US Dividend Equity ETF by 3.5% during the 2nd quarter. Eagle Capital Management LLC now owns 894,919 shares of the company’s stock valued at $23,715,000 after purchasing an additional 30,320 shares in the last quarter. Trust Co. of Vermont grew its position in shares of Schwab US Dividend Equity ETF by 10.2% during the 2nd quarter. Trust Co. of Vermont now owns 10,247 shares of the company’s stock valued at $272,000 after purchasing an additional 949 shares in the last quarter. Finally, Lowery Thomas LLC grew its position in shares of Schwab US Dividend Equity ETF by 7.9% during the 2nd quarter. Lowery Thomas LLC now owns 7,767 shares of the company’s stock valued at $206,000 after purchasing an additional 570 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $27.30 on Wednesday. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.72. The firm has a fifty day moving average of $27.33 and a 200 day moving average of $26.77. The firm has a market capitalization of $71.21 billion, a PE ratio of 14.57 and a beta of 0.88.

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.