CORDA Investment Management LLC. Decreases Stock Holdings in Schwab US Dividend Equity ETF $SCHD

CORDA Investment Management LLC. lowered its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 15.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 101,958 shares of the company’s stock after selling 18,589 shares during the quarter. CORDA Investment Management LLC.’s holdings in Schwab US Dividend Equity ETF were worth $3,128,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Cassaday & Co Wealth Management LLC boosted its stake in shares of 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 worth $253,570,000 after buying an additional 3,170,728 shares during the last quarter. Paradiem LLC purchased a new stake in Schwab US Dividend Equity ETF during the first quarter valued at $56,258,000. Cibc World Market Inc. lifted its holdings in 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 valued at $192,634,000 after acquiring an additional 1,694,144 shares during the period. Keudell Morrison Wealth Management bought a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at about $43,773,000. Finally, Baer Investment Advisory LLC purchased a new position in Schwab US Dividend Equity ETF in the first quarter worth about $46,847,000.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $32.40 on Monday. Schwab US Dividend Equity ETF has a 52-week low of $26.21 and a 52-week high of $32.92. The company has a market cap of $98.40 billion, a P/E ratio of 14.57 and a beta of 0.68. The business has a 50-day simple moving average of $32.17 and a two-hundred day simple moving average of $30.91.

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.