Schwab US Dividend Equity ETF $SCHD Shares Sold by BCS Wealth Management

BCS Wealth Management reduced its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 51.6% during the 1st quarter, HoldingsChannel reports. The fund owned 223,963 shares of the company’s stock after selling 238,824 shares during the period. Schwab US Dividend Equity ETF accounts for 1.4% of BCS Wealth Management’s portfolio, making the stock its 16th biggest position. BCS Wealth Management’s holdings in Schwab US Dividend Equity ETF were worth $6,871,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Bell Bank boosted its stake in shares of Schwab US Dividend Equity ETF by 53.3% in the fourth quarter. Bell Bank now owns 104,155 shares of the company’s stock worth $2,857,000 after acquiring an additional 36,212 shares during the last quarter. Elmwood Wealth Management Inc. acquired a new stake in Schwab US Dividend Equity ETF during the fourth quarter worth about $1,003,000. Aspire Capital Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF by 2.9% in the 4th quarter. Aspire Capital Advisors LLC now owns 1,063,961 shares of the company’s stock valued at $29,184,000 after buying an additional 30,146 shares during the period. BIP Wealth LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth approximately $1,589,000. Finally, Freestone Capital Holdings LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 62.7% during the 4th quarter. Freestone Capital Holdings LLC now owns 42,792 shares of the company’s stock worth $1,174,000 after buying an additional 16,486 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.4%

Shares of Schwab US Dividend Equity ETF stock opened at $32.02 on Wednesday. The business’s fifty day simple moving average is $31.88 and its 200-day simple moving average is $30.49. Schwab US Dividend Equity ETF has a 52 week low of $26.16 and a 52 week high of $32.92. The firm has a market cap of $90.90 billion, a PE ratio of 14.57 and a beta of 0.67.

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.