Schwab US Dividend Equity ETF $SCHD Shares Sold by Cerity Partners LLC

Cerity Partners LLC lessened its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 17.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,432,741 shares of the company’s stock after selling 1,167,197 shares during the period. Cerity Partners LLC owned about 0.21% of Schwab US Dividend Equity ETF worth $149,020,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of SCHD. JPMorgan Chase & Co. increased its position in Schwab US Dividend Equity ETF by 2.1% during the third quarter. JPMorgan Chase & Co. now owns 4,616,851 shares of the company’s stock worth $126,040,000 after purchasing an additional 95,857 shares during the last quarter. Elmwood Wealth Management Inc. acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter worth approximately $1,003,000. Bell Bank increased its position in Schwab US Dividend Equity ETF by 53.3% during the fourth quarter. Bell Bank now owns 104,155 shares of the company’s stock worth $2,857,000 after purchasing an additional 36,212 shares during the last quarter. Aspire Capital Advisors LLC increased its position in Schwab US Dividend Equity ETF by 2.9% during the fourth quarter. Aspire Capital Advisors LLC now owns 1,063,961 shares of the company’s stock worth $29,184,000 after purchasing an additional 30,146 shares during the last quarter. Finally, BIP Wealth LLC acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter worth approximately $1,589,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $32.29 on Tuesday. Schwab US Dividend Equity ETF has a one year low of $26.16 and a one year high of $32.91. The company has a 50 day moving average price of $31.53 and a 200 day moving average price of $30.11. The firm has a market capitalization of $91.66 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67.

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.