Hanson & Doremus Investment Management Sells 448 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Hanson & Doremus Investment Management decreased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 23.3% in the first quarter, HoldingsChannel reports. The firm owned 1,475 shares of the company’s stock after selling 448 shares during the quarter. Hanson & Doremus Investment Management’s holdings in Schwab US Dividend Equity ETF were worth $41,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Russell Investments Group Ltd. increased its position in Schwab US Dividend Equity ETF by 268.3% during the 4th quarter. Russell Investments Group Ltd. now owns 22,732 shares of the company’s stock valued at $621,000 after buying an additional 16,560 shares in the last quarter. Barclays PLC bought a new position in Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $74,000. DDD Partners LLC increased its position in Schwab US Dividend Equity ETF by 203.7% during the 4th quarter. DDD Partners LLC now owns 31,246 shares of the company’s stock valued at $854,000 after buying an additional 20,958 shares in the last quarter. Safeguard Investment Advisory Group LLC increased its position in Schwab US Dividend Equity ETF by 2,627.7% during the 4th quarter. Safeguard Investment Advisory Group LLC now owns 83,930 shares of the company’s stock valued at $2,293,000 after buying an additional 80,853 shares in the last quarter. Finally, LifeSteps Financial Inc. increased its position in Schwab US Dividend Equity ETF by 218.3% during the 4th quarter. LifeSteps Financial Inc. now owns 67,403 shares of the company’s stock valued at $1,841,000 after buying an additional 46,229 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.1%

SCHD stock opened at $26.92 on Tuesday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The firm has a market cap of $69.99 billion, a PE ratio of 15.93 and a beta of 0.82. The business has a 50 day moving average of $26.01 and a 200 day moving average of $27.14.

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.