HBK Sorce Advisory LLC Sells 59,838 Shares of Schwab US Dividend Equity ETF $SCHD

HBK Sorce Advisory LLC trimmed its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 21.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 225,057 shares of the company’s stock after selling 59,838 shares during the quarter. HBK Sorce Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,027,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Brighton Jones LLC boosted its holdings in Schwab US Dividend Equity ETF by 404.6% during the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after acquiring an additional 84,262 shares during the period. Revolve Wealth Partners LLC boosted its stake in Schwab US Dividend Equity ETF by 206.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after purchasing an additional 51,696 shares during the period. Bison Wealth LLC grew its holdings in Schwab US Dividend Equity ETF by 234.4% in the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after buying an additional 309,400 shares during the last quarter. Pinnacle Wealth Planning Services Inc. increased its position in Schwab US Dividend Equity ETF by 11.0% in the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 13,773 shares of the company’s stock worth $385,000 after buying an additional 1,366 shares during the period. Finally, Connecticut Wealth Management LLC bought a new position in Schwab US Dividend Equity ETF in the 1st quarter worth approximately $815,000.

Schwab US Dividend Equity ETF Stock Down 0.1%

Shares of SCHD stock opened at $27.64 on Monday. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $28.84. The firm has a market cap of $71.47 billion, a PE ratio of 14.57 and a beta of 0.77. The stock has a 50 day moving average of $27.23 and a 200-day moving average of $27.19.

About Schwab US Dividend Equity ETF

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.