Continuum Advisory LLC Sells 21,085 Shares of Schwab US Dividend Equity ETF $SCHD

Continuum Advisory LLC lessened its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 8.5% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 227,121 shares of the company’s stock after selling 21,085 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 0.7% of Continuum Advisory LLC’s portfolio, making the stock its 28th largest holding. Continuum Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,968,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SCHD. Cassaday & Co Wealth Management LLC boosted its position in shares of Schwab US Dividend Equity ETF by 52.2% during 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 acquiring an additional 3,170,728 shares during the last quarter. Cibc World Market Inc. increased its position in shares of Schwab US Dividend Equity ETF by 31.8% in the fourth quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock worth $192,634,000 after purchasing an additional 1,694,144 shares during the last quarter. Keudell Morrison Wealth Management bought a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter worth approximately $43,773,000. Evergreen Advisors LLC purchased a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $41,630,000. Finally, Lido Advisors LLC bought a new stake in Schwab US Dividend Equity ETF during the third quarter valued at approximately $32,308,000.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $32.09 on Monday. The firm has a 50 day simple moving average of $31.96 and a two-hundred day simple moving average of $30.58. The stock has a market cap of $91.09 billion, a PE ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a one year low of $26.21 and a one year high of $32.92.

About Schwab US Dividend Equity ETF

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.