Zullo Investment Group Inc. Purchases 1,747 Shares of Schwab US Dividend Equity ETF $SCHD

Zullo Investment Group Inc. boosted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 97,150 shares of the company’s stock after acquiring an additional 1,747 shares during the period. Schwab US Dividend Equity ETF accounts for about 1.0% of Zullo Investment Group Inc.’s investment portfolio, making the stock its 18th largest position. Zullo Investment Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $2,574,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the second quarter valued at $1,031,129,000. Wealthspire Advisors LLC lifted its position in shares of Schwab US Dividend Equity ETF by 95.2% during the first quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock worth $826,353,000 after purchasing an additional 14,410,724 shares during the last quarter. RMG Wealth Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the second quarter worth $132,621,000. LPL Financial LLC lifted its position in shares of Schwab US Dividend Equity ETF by 6.8% during the first quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock worth $1,084,442,000 after purchasing an additional 2,470,706 shares during the last quarter. Finally, Cresset Asset Management LLC lifted its position in shares of Schwab US Dividend Equity ETF by 37.5% during the first quarter. Cresset Asset Management LLC now owns 7,582,282 shares of the company’s stock worth $212,001,000 after purchasing an additional 2,069,007 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 1.7%

NYSEARCA:SCHD opened at $26.54 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The company has a market cap of $69.35 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. The stock has a fifty day simple moving average of $27.36 and a 200-day simple moving average of $26.74.

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.