Continuum Advisory LLC Sells 18,368 Shares of Schwab US Dividend Equity ETF $SCHD

Continuum Advisory LLC trimmed its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 248,206 shares of the company’s stock after selling 18,368 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 0.7% of Continuum Advisory LLC’s holdings, making the stock its 28th largest position. Continuum Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,808,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in SCHD. Elmwood Wealth Management Inc. bought a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $1,003,000. JPMorgan Chase & Co. boosted its holdings in shares of Schwab US Dividend Equity ETF by 2.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,616,851 shares of the company’s stock worth $126,040,000 after buying an additional 95,857 shares during the period. Bell Bank boosted its holdings in shares of Schwab US Dividend Equity ETF by 53.3% during the 4th quarter. Bell Bank now owns 104,155 shares of the company’s stock worth $2,857,000 after buying an additional 36,212 shares during the period. Aspire Capital Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 2.9% during the 4th quarter. Aspire Capital Advisors LLC now owns 1,063,961 shares of the company’s stock worth $29,184,000 after buying an additional 30,146 shares during the period. Finally, BIP Wealth LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $1,589,000.

Schwab US Dividend Equity ETF Trading Up 0.7%

NYSEARCA SCHD opened at $32.59 on Friday. The company has a fifty day simple moving average of $31.46 and a 200 day simple moving average of $30.03. The company has a market cap of $92.51 billion, a P/E ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 1 year low of $26.16 and a 1 year high of $32.91.

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.