Schwab US Dividend Equity ETF $SCHD Shares Sold by IMA Advisory Services Inc.

IMA Advisory Services Inc. decreased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 59.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 250,392 shares of the company’s stock after selling 373,999 shares during the quarter. IMA Advisory Services Inc.’s holdings in Schwab US Dividend Equity ETF were worth $6,868,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position in shares of Schwab US Dividend Equity ETF by 14.6% during the fourth quarter. JPMorgan Chase & Co. now owns 5,292,537 shares of the company’s stock worth $145,174,000 after buying an additional 675,686 shares during the period. SouthState Bank Corp grew its stake in Schwab US Dividend Equity ETF by 200.9% during the 4th quarter. SouthState Bank Corp now owns 46,662 shares of the company’s stock worth $1,280,000 after purchasing an additional 31,152 shares in the last quarter. XML Financial LLC grew its stake in Schwab US Dividend Equity ETF by 0.5% during the 4th quarter. XML Financial LLC now owns 423,055 shares of the company’s stock worth $11,604,000 after purchasing an additional 2,241 shares in the last quarter. MCF Advisors LLC grew its stake in Schwab US Dividend Equity ETF by 839.2% during the 4th quarter. MCF Advisors LLC now owns 313,299 shares of the company’s stock worth $8,594,000 after purchasing an additional 279,941 shares in the last quarter. Finally, First Command Advisory Services Inc. grew its stake in Schwab US Dividend Equity ETF by 4.6% during the 4th quarter. First Command Advisory Services Inc. now owns 1,158,286 shares of the company’s stock worth $31,772,000 after purchasing an additional 51,253 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $32.30 on Monday. Schwab US Dividend Equity ETF has a one year low of $26.16 and a one year high of $32.91. The company has a market cap of $91.69 billion, a PE ratio of 14.57 and a beta of 0.67. The business has a 50-day simple moving average of $31.49 and a 200-day simple moving average of $30.07.

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.