Bessemer Group Inc. Cuts Position in Schwab US Dividend Equity ETF $SCHD

Bessemer Group Inc. lowered its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 18.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 104,590 shares of the company’s stock after selling 23,018 shares during the quarter. Bessemer Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $3,208,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 404.6% in the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after purchasing an additional 84,262 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in Schwab US Dividend Equity ETF by 206.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after buying an additional 51,696 shares in the last quarter. Bison Wealth LLC boosted its holdings in Schwab US Dividend Equity ETF by 234.4% during the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after buying an additional 309,400 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Schwab US Dividend Equity ETF by 35.6% during the first quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock worth $16,579,000 after buying an additional 155,769 shares in the last quarter. Finally, United Bank grew its position in Schwab US Dividend Equity ETF by 5.0% during the second quarter. United Bank now owns 195,713 shares of the company’s stock worth $5,186,000 after buying an additional 9,351 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.2%

Shares of Schwab US Dividend Equity ETF stock opened at $32.82 on Wednesday. Schwab US Dividend Equity ETF has a 12-month low of $26.21 and a 12-month high of $33.50. The stock has a market cap of $100.28 billion, a PE ratio of 14.57 and a beta of 0.68. The company has a 50-day moving average of $32.30 and a two-hundred day moving average of $31.16.

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.