Schwab US Dividend Equity ETF $SCHD Shares Sold by Adamsbrown Wealth Consultants LLC

Adamsbrown Wealth Consultants LLC decreased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 452,880 shares of the company’s stock after selling 31,493 shares during the quarter. Schwab US Dividend Equity ETF comprises 3.5% of Adamsbrown Wealth Consultants LLC’s portfolio, making the stock its 9th largest position. Adamsbrown Wealth Consultants LLC’s holdings in Schwab US Dividend Equity ETF were worth $12,422,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in SCHD. Biltmore Family Office LLC lifted its position in Schwab US Dividend Equity ETF by 116.4% during the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after buying an additional 524 shares in the last quarter. Triumph Capital Management purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth $33,000. KERR FINANCIAL PLANNING Corp acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at $35,000. Reyes Financial Architecture Inc. increased its holdings in Schwab US Dividend Equity ETF by 1,903.1% in the 3rd quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock valued at $36,000 after purchasing an additional 1,237 shares in the last quarter. Finally, Turning Point Benefit Group Inc. purchased a new position in Schwab US Dividend Equity ETF in the third quarter valued at about $36,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $30.62 on Friday. The stock’s 50-day moving average is $30.71 and its two-hundred day moving average is $28.52. The stock has a market cap of $80.54 billion, a PE ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $31.95.

Schwab US Dividend Equity ETF Company 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.