Wealthcare Advisory Partners LLC Reduces Stake in Schwab US Dividend Equity ETF $SCHD

Wealthcare Advisory Partners LLC cut its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 45.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 850,937 shares of the company’s stock after selling 713,055 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $23,341,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Biltmore Family Office LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 116.4% in the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after acquiring an additional 524 shares during the last quarter. Triumph Capital Management purchased a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth $33,000. KERR FINANCIAL PLANNING Corp acquired a new position in Schwab US Dividend Equity ETF during the third quarter valued at $35,000. Reyes Financial Architecture Inc. lifted its position in Schwab US Dividend Equity ETF by 1,903.1% during the third quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock valued at $36,000 after purchasing an additional 1,237 shares during the period. Finally, Turning Point Benefit Group Inc. purchased a new stake in Schwab US Dividend Equity ETF in the third quarter valued at $36,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $30.44 on Friday. The business’s 50-day moving average is $30.74 and its two-hundred day moving average is $28.54. The company has a market capitalization of $80.06 billion, a P/E ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $31.95.

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.