Aegis Wealth Management LLC Has $414,000 Stock Position in Schwab US Dividend Equity ETF $SCHD

Aegis Wealth Management LLC cut its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 78.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,100 shares of the company’s stock after selling 53,711 shares during the period. Aegis Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $414,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. First Command Advisory Services Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 7.6% in the third quarter. First Command Advisory Services Inc. now owns 1,107,033 shares of the company’s stock valued at $30,222,000 after purchasing an additional 77,785 shares in the last quarter. BG Investment Services Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 82.8% during the third quarter. BG Investment Services Inc. now owns 62,076 shares of the company’s stock valued at $1,695,000 after buying an additional 28,109 shares during the last quarter. DMKC Advisory Services LLC grew its holdings in Schwab US Dividend Equity ETF by 10.6% during the third quarter. DMKC Advisory Services LLC now owns 219,680 shares of the company’s stock worth $5,997,000 after buying an additional 20,989 shares in the last quarter. Insight Inv LLC bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth $682,000. Finally, JPMorgan Chase & Co. raised its position in Schwab US Dividend Equity ETF by 2.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,616,851 shares of the company’s stock valued at $126,040,000 after buying an additional 95,857 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.6%

Shares of NYSEARCA:SCHD opened at $30.44 on Friday. The stock’s fifty day simple moving average is $30.74 and its two-hundred day simple moving average is $28.55. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $31.95. The stock has a market cap of $80.06 billion, a PE ratio of 14.57 and a beta of 0.77.

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.