Base Wealth Management LLC Sells 248,397 Shares of Schwab US Dividend Equity ETF $SCHD

Base Wealth Management LLC lessened its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 97.0% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 7,756 shares of the company’s stock after selling 248,397 shares during the period. Base Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $212,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC raised its holdings in Schwab US Dividend Equity ETF by 404.6% during the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after buying an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 206.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after buying an additional 51,696 shares during the last quarter. Bison Wealth LLC increased its position in shares of Schwab US Dividend Equity ETF by 234.4% during the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after acquiring an additional 309,400 shares in the last quarter. Betterment LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 49.8% in the 1st quarter. Betterment LLC now owns 145,849 shares of the company’s stock worth $4,078,000 after acquiring an additional 48,507 shares during the last quarter. Finally, Royal Bank of Canada raised its holdings in shares of Schwab US Dividend Equity ETF by 0.9% in the 1st quarter. Royal Bank of Canada now owns 9,164,874 shares of the company’s stock worth $256,250,000 after acquiring an additional 84,956 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $27.62 on Tuesday. The business has a 50-day simple moving average of $27.24 and a two-hundred day simple moving average of $27.19. The company has a market capitalization of $71.42 billion, a P/E ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $28.84.

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.