Salem Investment Counselors Inc. Decreases Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Salem Investment Counselors Inc. lowered its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 39.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 37,964 shares of the company’s stock after selling 24,224 shares during the quarter. Salem Investment Counselors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,041,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ellis Investment Partners LLC lifted its holdings in Schwab US Dividend Equity ETF by 1.1% during the third quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock valued at $938,000 after purchasing an additional 375 shares in the last quarter. Harbor Group Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 4.8% during the third quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock worth $230,000 after purchasing an additional 383 shares in the last quarter. Westside Investment Management Inc. raised its position in shares of Schwab US Dividend Equity ETF by 5.6% during the 3rd quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock worth $198,000 after purchasing an additional 383 shares during the last quarter. Whittier Trust Co. of Nevada Inc. raised its position in shares of Schwab US Dividend Equity ETF by 3.4% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 12,384 shares of the company’s stock worth $339,000 after purchasing an additional 402 shares during the last quarter. Finally, Harbor Investment Advisory LLC lifted its stake in Schwab US Dividend Equity ETF by 2.9% in the 3rd quarter. Harbor Investment Advisory LLC now owns 14,432 shares of the company’s stock valued at $394,000 after buying an additional 410 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.3%

SCHD stock opened at $30.64 on Wednesday. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $31.95. The business’s 50-day moving average is $30.65 and its 200 day moving average is $28.49. The stock has a market cap of $80.59 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

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.