Thoroughbred Financial Services LLC Has $5.11 Million Position in Schwab US Dividend Equity ETF $SCHD

Thoroughbred Financial Services LLC reduced its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 12.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 186,419 shares of the company’s stock after selling 27,321 shares during the period. Thoroughbred Financial Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,113,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Texas Capital Bank Wealth Management Services Inc acquired a new stake in Schwab US Dividend Equity ETF in the 4th quarter valued at $2,468,000. Coordinated Financial Services Inc. increased its stake in Schwab US Dividend Equity ETF by 7.1% in the 4th quarter. Coordinated Financial Services Inc. now owns 111,205 shares of the company’s stock valued at $3,050,000 after buying an additional 7,399 shares during the last quarter. Perissos Private Wealth Management LLC increased its stake in shares of Schwab US Dividend Equity ETF by 2.3% during the 4th quarter. Perissos Private Wealth Management LLC now owns 26,110 shares of the company’s stock worth $716,000 after purchasing an additional 586 shares during the last quarter. M3 Wealth Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $521,000. Finally, Studio Investment Management LLC increased its stake in shares of Schwab US Dividend Equity ETF by 4.8% during the 4th quarter. Studio Investment Management LLC now owns 13,630 shares of the company’s stock worth $374,000 after purchasing an additional 630 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $32.55 on Thursday. The firm has a market capitalization of $92.40 billion, a PE ratio of 14.57 and a beta of 0.68. The company’s 50-day moving average is $31.24 and its 200-day moving average is $29.81. Schwab US Dividend Equity ETF has a fifty-two week low of $25.89 and a fifty-two week high of $32.91.

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.