New England Private Wealth Advisors LLC Sells 45,902 Shares of Schwab US Dividend Equity ETF $SCHD

New England Private Wealth Advisors LLC decreased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 15.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 257,601 shares of the company’s stock after selling 45,902 shares during the quarter. New England Private Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $7,066,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. First Command Advisory Services Inc. boosted its stake in Schwab US Dividend Equity ETF by 7.6% in the third quarter. First Command Advisory Services Inc. now owns 1,107,033 shares of the company’s stock valued at $30,222,000 after acquiring an additional 77,785 shares in the last quarter. BG Investment Services Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 82.8% during the third quarter. BG Investment Services Inc. now owns 62,076 shares of the company’s stock worth $1,695,000 after purchasing an additional 28,109 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Schwab US Dividend Equity ETF by 2.1% during the third quarter. JPMorgan Chase & Co. now owns 4,616,851 shares of the company’s stock worth $126,040,000 after purchasing an additional 95,857 shares during the last quarter. Elmwood Wealth Management Inc. purchased a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at $1,003,000. Finally, Bell Bank increased its holdings in Schwab US Dividend Equity ETF by 53.3% in the fourth quarter. Bell Bank now owns 104,155 shares of the company’s stock valued at $2,857,000 after buying an additional 36,212 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $32.83 on Friday. The company has a fifty day moving average of $31.13 and a two-hundred day moving average of $29.65. Schwab US Dividend Equity ETF has a fifty-two week low of $25.69 and a fifty-two week high of $32.88. The stock has a market capitalization of $93.19 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

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.