Wealthspire Advisors LLC decreased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 52.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 13,535,721 shares of the company’s stock after selling 14,745,621 shares during the quarter. Schwab US Dividend Equity ETF comprises about 3.0% of Wealthspire Advisors LLC’s holdings, making the stock its 6th largest position. Wealthspire Advisors LLC owned 0.51% of Schwab US Dividend Equity ETF worth $371,285,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mountain Hill Investment Partners Corp. raised its holdings in Schwab US Dividend Equity ETF by 1,241.8% in the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after acquiring an additional 832 shares during the last quarter. Merrithew & Thorsten Inc acquired a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at $25,000. Field & Main Bank purchased a new position in Schwab US Dividend Equity ETF during the fourth quarter worth about $29,000. Dynamic Wealth Strategies LLC acquired a new stake in Schwab US Dividend Equity ETF in the 4th quarter worth about $29,000. Finally, Triumph Capital Management acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth about $33,000.
Schwab US Dividend Equity ETF Price Performance
NYSEARCA SCHD opened at $32.82 on Friday. Schwab US Dividend Equity ETF has a 12 month low of $26.16 and a 12 month high of $32.92. The company has a 50-day moving average of $31.68 and a 200-day moving average of $30.24. The company has a market cap of $93.17 billion, a P/E ratio of 14.57 and a beta of 0.67.
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.
See Also
- Five stocks we like better than Schwab US Dividend Equity ETF
- MarketBeat Week in Review – 06/08 – 06/12
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report).
Receive News & Ratings for Schwab US Dividend Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Dividend Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
