Conservest Capital Advisors Inc. Sells 18,100 Shares of Schwab US Dividend Equity ETF $SCHD

Conservest Capital Advisors Inc. reduced its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 63.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,235 shares of the company’s stock after selling 18,100 shares during the period. Conservest Capital Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $314,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in SCHD. Mountain Hill Investment Partners Corp. boosted its position in Schwab US Dividend Equity ETF by 1,241.8% in the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after buying an additional 832 shares in the last quarter. Merrithew & Thorsten Inc acquired a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter worth $25,000. Field & Main Bank bought a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $29,000. Dynamic Wealth Strategies LLC bought a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $29,000. Finally, Triumph Capital Management acquired a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $33,000.

Schwab US Dividend Equity ETF Stock Down 1.1%

NYSEARCA SCHD opened at $32.20 on Wednesday. The company has a market cap of $97.99 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a twelve month low of $26.21 and a twelve month high of $32.92. The business’s fifty day moving average is $32.19 and its 200 day moving average is $30.97.

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.