Rollins Financial Advisors LLC Cuts Position in Schwab US Dividend Equity ETF $SCHD

Rollins Financial Advisors LLC trimmed its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 48.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 56,600 shares of the company’s stock after selling 53,878 shares during the period. Rollins Financial Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,553,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Mountain Hill Investment Partners Corp. raised its stake in shares of 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 purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth $25,000. Biltmore Family Office LLC boosted its position in Schwab US Dividend Equity ETF by 116.4% during the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after purchasing an additional 524 shares during the period. Field & Main Bank acquired a new stake in Schwab US Dividend Equity ETF in the 4th quarter valued at $29,000. Finally, Dynamic Wealth Strategies LLC purchased a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at about $29,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $31.76 on Wednesday. The stock’s 50-day moving average is $31.00 and its two-hundred day moving average is $29.38. The stock has a market cap of $90.16 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12 month low of $25.69 and a 12 month high of $32.13.

Schwab US Dividend Equity ETF 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.