Koshinski Asset Management Inc. reduced its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 13.4% during the 1st quarter, Holdings Channel reports. The firm owned 419,786 shares of the company’s stock after selling 64,877 shares during the quarter. Schwab US Dividend Equity ETF makes up about 0.8% of Koshinski Asset Management Inc.’s holdings, making the stock its 24th largest holding. Koshinski Asset Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $12,879,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in SCHD. Mountain Hill Investment Partners Corp. grew its stake 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 period. Merrithew & Thorsten Inc acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter worth $25,000. Field & Main Bank acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter worth $29,000. Dynamic Wealth Strategies LLC purchased a new position in Schwab US Dividend Equity ETF during the fourth quarter valued at $29,000. Finally, Triumph Capital Management purchased a new position in Schwab US Dividend Equity ETF during the third quarter valued at $33,000.
Schwab US Dividend Equity ETF Price Performance
Shares of NYSEARCA SCHD opened at $32.39 on Friday. The firm has a market cap of $97.86 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The company’s 50-day simple moving average is $32.06 and its 200-day simple moving average is $30.72. Schwab US Dividend Equity ETF has a 52-week low of $26.21 and a 52-week high of $32.92.
Schwab US Dividend Equity ETF Company 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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