Brookstone Capital Management decreased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 11.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 611,138 shares of the company’s stock after selling 75,541 shares during the quarter. Brookstone Capital Management’s holdings in Schwab US Dividend Equity ETF were worth $16,764,000 at the end of the most recent reporting period.
Other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC increased its position 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 acquiring an additional 84,262 shares during the period. Revolve Wealth Partners LLC grew its position in Schwab US Dividend Equity ETF by 206.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after buying an additional 51,696 shares in the last quarter. Bison Wealth LLC grew its stake in Schwab US Dividend Equity ETF by 234.4% during the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after buying an additional 309,400 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings 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 buying an additional 155,769 shares during the period. Finally, United Bank increased its holdings in Schwab US Dividend Equity ETF by 5.0% in the 2nd quarter. United Bank now owns 195,713 shares of the company’s stock valued at $5,186,000 after buying an additional 9,351 shares during the period.
Schwab US Dividend Equity ETF Trading Up 0.1%
Shares of Schwab US Dividend Equity ETF stock opened at $30.48 on Tuesday. The company has a 50 day moving average of $30.77 and a 200-day moving average of $28.58. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $31.95. The company has a market cap of $80.17 billion, a PE ratio of 14.57 and a beta of 0.77.
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.
Further Reading
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