Prosperity Consulting Group LLC Sells 60,561 Shares of Schwab US Dividend Equity ETF $SCHD

Posted by George Bondi on Jul 17th, 2026

Prosperity Consulting Group LLC decreased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 8.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 650,312 shares of the company’s stock after selling 60,561 shares during the period. Schwab US Dividend Equity ETF accounts for 0.9% of Prosperity Consulting Group LLC’s investment portfolio, making the stock its 22nd biggest holding. Prosperity Consulting Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $19,952,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Mountain Hill Investment Partners Corp. grew its position in shares of 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 purchasing an additional 832 shares during the last quarter. Merrithew & Thorsten Inc acquired a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $25,000. Field & Main Bank bought a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $29,000. Dynamic Wealth Strategies LLC bought a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $29,000. Finally, Triumph Capital Management acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $33,000.

Schwab US Dividend Equity ETF Stock Up 2.2%

SCHD opened at $33.04 on Friday. The stock’s 50 day moving average price is $32.23 and its two-hundred day moving average price is $31.05. The firm has a market capitalization of $100.55 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12-month low of $26.21 and a 12-month high of $33.04.

Schwab US Dividend Equity ETF News Roundup

Here are the key news stories impacting Schwab US Dividend Equity ETF this week:

Positive Sentiment: Analysts say SCHD has held up well versus the S&P 500, helped by its emphasis on profitable, dividend-paying companies and a relatively defensive sector mix. SCHD: Your ETF To Hide From The AI Bottleneck Bust
Positive Sentiment: Coverage continues to frame SCHD as a reliable “defensive income” ETF, with comments pointing to its dividend yield, payout growth, and capital appreciation potential as reasons for investor demand. SCHD: Dividend Yield, Payout Growth, And Capital Appreciation: Defensive Income Play
Positive Sentiment: Recent pieces also note that SCHD has posted a strong comeback and has even outperformed QQQ on a total-return basis in some periods, which can support inflows from performance-seeking investors. SCHD Is Getting Loaded With AI Stocks Now. Is It Still a “Safe” Dividend ETF?
Neutral Sentiment: Some articles question whether SCHD is still the best fit for retirees, noting that other dividend ETFs may offer higher yields or stronger recent total returns. Why Retirees Are Quietly Moving From SCHD to These Two International Dividend ETFs Paying More Yield
Neutral Sentiment: Other coverage compares SCHD with JEPI and VYM or notes that competing income ETFs have outperformed since 2022, but these are mostly relative-performance comparisons rather than signs of fundamental weakness. SCHD, JEPI, or VYM? Which ETF Fits 3 Different Types of Retirees

About Schwab US Dividend Equity ETF

(Free Report)

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.