Schwab US Dividend Equity ETF $SCHD Holdings Cut by Mezzasalma Advisors LLC

Mezzasalma Advisors LLC cut its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 52.0% in the 4th quarter, Holdings Channel reports. The firm owned 26,479 shares of the company’s stock after selling 28,735 shares during the quarter. Mezzasalma Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $734,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in SCHD. Rakuten Investment Management Inc. bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth $1,127,144,000. Sumitomo Life Insurance Co. bought a new stake in Schwab US Dividend Equity ETF in the third quarter valued at $847,665,000. Cibc World Market Inc. lifted its stake in Schwab US Dividend Equity ETF by 243.5% in the third quarter. Cibc World Market Inc. now owns 5,328,615 shares of the company’s stock valued at $145,471,000 after buying an additional 3,777,339 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 12.1% during the second quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock valued at $298,684,000 after acquiring an additional 1,217,005 shares during the period. Finally, Lido Advisors LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at $32,308,000.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $30.56 on Monday. The stock has a market cap of $84.52 billion, a PE ratio of 14.57 and a beta of 0.77. The firm’s 50-day simple moving average is $30.90 and its 200 day simple moving average is $28.67. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week 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.