Broadleaf Partners LLC Decreases Position in Schwab US Dividend Equity ETF $SCHD

Broadleaf Partners LLC lowered its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 94.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,536 shares of the company’s stock after selling 173,295 shares during the period. Broadleaf Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $262,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Sumitomo Life Insurance Co. purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $847,665,000. Wells Fargo & Company MN grew its stake in Schwab US Dividend Equity ETF by 5.7% in the 4th quarter. Wells Fargo & Company MN now owns 10,203,553 shares of the company’s stock valued at $279,883,000 after buying an additional 552,907 shares in the last quarter. Avantax Planning Partners Inc. grew its stake in Schwab US Dividend Equity ETF by 3.8% in the 4th quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock valued at $277,214,000 after buying an additional 366,548 shares in the last quarter. Cassaday & Co Wealth Management LLC grew its stake in Schwab US Dividend Equity ETF by 52.2% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock valued at $253,570,000 after buying an additional 3,170,728 shares in the last quarter. Finally, Cibc World Market Inc. grew its stake in Schwab US Dividend Equity ETF by 31.8% in the 4th quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock valued at $192,634,000 after buying an additional 1,694,144 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.9%

Schwab US Dividend Equity ETF stock opened at $32.82 on Friday. Schwab US Dividend Equity ETF has a 1-year low of $26.16 and a 1-year high of $32.92. The firm has a market capitalization of $93.17 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67. The firm has a 50 day simple moving average of $31.68 and a 200 day simple moving average of $30.24.

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.