Schwab US Dividend Equity ETF $SCHD Shares Sold by Alpha Cubed Investments LLC

Alpha Cubed Investments LLC lowered its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 12.3% in the third quarter, Holdings Channel reports. The institutional investor owned 161,892 shares of the company’s stock after selling 22,630 shares during the period. Alpha Cubed Investments LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,420,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in 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 worth $2,871,000 after buying an additional 84,262 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of 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 worth $2,095,000 after acquiring an additional 51,696 shares in the last quarter. Bison Wealth LLC grew its holdings in shares of 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 worth $12,059,000 after acquiring an additional 309,400 shares during the period. Goldman Sachs Group Inc. increased its stake in Schwab US Dividend Equity ETF by 35.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after purchasing an additional 155,769 shares in the last quarter. Finally, GC Wealth Management RIA LLC raised its holdings in Schwab US Dividend Equity ETF by 28.5% during the second quarter. GC Wealth Management RIA LLC now owns 12,894 shares of the company’s stock worth $342,000 after purchasing an additional 2,859 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $29.37 on Friday. The company has a market cap of $77.11 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.79. The business’s fifty day moving average is $28.02 and its two-hundred day moving average is $27.45.

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.