Dakota Wealth Management Decreases Stock Position in Schwab US Dividend Equity ETF $SCHD

Dakota Wealth Management trimmed its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 441,353 shares of the company’s stock after selling 21,945 shares during the period. Dakota Wealth Management’s holdings in Schwab US Dividend Equity ETF were worth $12,106,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Mather Group LLC. raised its position in Schwab US Dividend Equity ETF by 5.3% during the fourth quarter. Mather Group LLC. now owns 18,816 shares of the company’s stock worth $516,000 after acquiring an additional 953 shares during the last quarter. Stonehearth Capital Management LLC grew its position in shares of Schwab US Dividend Equity ETF by 4.9% in the fourth quarter. Stonehearth Capital Management LLC now owns 646,819 shares of the company’s stock valued at $17,742,000 after purchasing an additional 30,403 shares during the last quarter. John W. Brooker & Co. CPAs increased its stake in shares of Schwab US Dividend Equity ETF by 6.4% during the 4th quarter. John W. Brooker & Co. CPAs now owns 96,538 shares of the company’s stock worth $2,648,000 after purchasing an additional 5,797 shares in the last quarter. Cadent Capital Advisors LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth approximately $215,000. Finally, ForthRight Wealth Management LLC raised its position in shares of Schwab US Dividend Equity ETF by 0.3% during the 4th quarter. ForthRight Wealth Management LLC now owns 1,262,314 shares of the company’s stock worth $34,625,000 after purchasing an additional 3,327 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $30.62 on Friday. The stock’s 50 day moving average price is $30.71 and its 200 day moving average price is $28.52. The firm has a market cap of $80.54 billion, a P/E ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $31.95.

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.