Surience Private Wealth LLC lessened its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 22.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 332,330 shares of the company’s stock after selling 96,371 shares during the quarter. Schwab US Dividend Equity ETF makes up about 10.9% of Surience Private Wealth LLC’s portfolio, making the stock its biggest holding. Surience Private Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $10,196,000 at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. Sumitomo Life Insurance Co. acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $847,665,000. Wells Fargo & Company MN boosted its holdings in shares of Schwab US Dividend Equity ETF by 5.7% during the 4th quarter. Wells Fargo & Company MN now owns 10,203,553 shares of the company’s stock worth $279,883,000 after purchasing an additional 552,907 shares during the last quarter. Avantax Planning Partners Inc. grew its position in shares of Schwab US Dividend Equity ETF by 3.8% in the fourth quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock valued at $277,214,000 after purchasing an additional 366,548 shares in the last quarter. Cassaday & Co Wealth Management LLC grew its position in shares of Schwab US Dividend Equity ETF by 52.2% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock valued at $253,570,000 after purchasing an additional 3,170,728 shares in the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of Schwab US Dividend Equity ETF by 4.0% in the fourth quarter. Royal Bank of Canada now owns 7,995,065 shares of the company’s stock valued at $219,304,000 after purchasing an additional 304,047 shares during the last quarter.
Schwab US Dividend Equity ETF Stock Performance
NYSEARCA SCHD opened at $31.72 on Thursday. The stock’s fifty day moving average is $31.90 and its two-hundred day moving average is $30.52. The firm has a market capitalization of $90.04 billion, a P/E ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a fifty-two week low of $26.16 and a fifty-two week high of $32.92.
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.
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