Cetera Investment Advisers cut its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 30.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,184,523 shares of the company’s stock after selling 10,421,505 shares during the quarter. Schwab US Dividend Equity ETF accounts for 0.8% of Cetera Investment Advisers’ holdings, making the stock its 16th largest position. Cetera Investment Advisers’ holdings in Schwab US Dividend Equity ETF were worth $741,981,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHD. Mountain Hill Investment Partners Corp. grew its position in Schwab US Dividend Equity ETF by 1,241.8% during the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after buying an additional 832 shares in the last quarter. Merrithew & Thorsten Inc bought a new position in Schwab US Dividend Equity ETF during the 4th quarter worth $25,000. Field & Main Bank acquired a new position in Schwab US Dividend Equity ETF in the 4th quarter valued at $29,000. Dynamic Wealth Strategies LLC acquired a new position in Schwab US Dividend Equity ETF in the 4th quarter valued at $29,000. Finally, Triumph Capital Management bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $33,000.
Schwab US Dividend Equity ETF Stock Performance
SCHD opened at $32.90 on Thursday. The firm has a market cap of $100.52 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 52-week low of $26.21 and a 52-week high of $33.50. The business’s fifty day moving average is $32.32 and its 200-day moving average is $31.19.
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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