Sims Investment Management LLC reduced its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 10.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 557,808 shares of the company’s stock after selling 61,850 shares during the quarter. Schwab US Dividend Equity ETF comprises 6.3% of Sims Investment Management LLC’s investment portfolio, making the stock its 4th biggest holding. Sims Investment Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $17,114,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of SCHD. Mountain Hill Investment Partners Corp. raised its position in 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 worth $25,000 after acquiring an additional 832 shares in the last quarter. Merrithew & Thorsten Inc purchased a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $25,000. Field & Main Bank acquired a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $29,000. Dynamic Wealth Strategies LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $29,000. Finally, Triumph Capital Management acquired a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $33,000.
Schwab US Dividend Equity ETF Stock Up 0.8%
Shares of SCHD opened at $31.96 on Friday. Schwab US Dividend Equity ETF has a 52-week low of $26.21 and a 52-week high of $32.92. The company has a 50-day simple moving average of $31.93 and a 200-day simple moving average of $30.55. The company has a market capitalization of $90.72 billion, a PE ratio of 14.57 and a beta of 0.67.
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.
Featured Articles
- Five stocks we like better than Schwab US Dividend Equity ETF
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
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.
