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

Zullo Investment Group Inc. lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 97,150 shares of the company’s stock after acquiring an additional 1,747 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 1.0% of Zullo Investment Group Inc.’s investment portfolio, making the stock its 18th largest holding. Zullo Investment Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $2,574,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC purchased a new position in Schwab US Dividend Equity ETF in the first quarter valued at about $27,000. Kozak & Associates Inc. lifted its holdings in Schwab US Dividend Equity ETF by 476.1% in the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after acquiring an additional 938 shares during the period. Financial Management Professionals Inc. lifted its holdings in Schwab US Dividend Equity ETF by 241.9% in the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after acquiring an additional 907 shares during the period. Cooksen Wealth LLC acquired a new position in Schwab US Dividend Equity ETF in the first quarter valued at approximately $38,000. Finally, Optimum Investment Advisors raised its stake in shares of Schwab US Dividend Equity ETF by 57.6% during the 1st quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock worth $39,000 after buying an additional 505 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $26.54 on Friday. 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 50 day simple moving average of $27.36 and a 200-day simple moving average of $26.74. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72.

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.