Family Capital Management Inc. Cuts Stock Position in Schwab US Dividend Equity ETF $SCHD

Family Capital Management Inc. decreased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 418,109 shares of the company’s stock after selling 34,834 shares during the period. Schwab US Dividend Equity ETF comprises approximately 5.1% of Family Capital Management Inc.’s portfolio, making the stock its 5th biggest holding. Family Capital Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $11,469,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Mountain Hill Investment Partners Corp. boosted its holdings 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 valued at $25,000 after acquiring an additional 832 shares in the last quarter. Biltmore Family Office LLC lifted its position in Schwab US Dividend Equity ETF by 116.4% during the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after buying an additional 524 shares during the period. Triumph Capital Management bought a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth about $33,000. KERR FINANCIAL PLANNING Corp bought a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth about $35,000. Finally, Reyes Financial Architecture Inc. boosted its stake in Schwab US Dividend Equity ETF by 1,903.1% in the 3rd quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock worth $36,000 after purchasing an additional 1,237 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $31.03 on Tuesday. Schwab US Dividend Equity ETF has a fifty-two week low of $24.76 and a fifty-two week high of $31.95. The business has a 50-day simple moving average of $31.02 and a two-hundred day simple moving average of $28.94. The firm has a market cap of $87.21 billion, a price-to-earnings ratio of 14.57 and a beta of 0.70.

About Schwab US Dividend Equity ETF

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.