Sendero Wealth Management LLC Has $5.50 Million Stock Position in Schwab US Dividend Equity ETF $SCHD

Sendero Wealth Management LLC lowered its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.6% during the fourth quarter, HoldingsChannel reports. The firm owned 200,578 shares of the company’s stock after selling 16,548 shares during the quarter. Sendero Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,502,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Biltmore Family Office LLC increased its holdings in Schwab US Dividend Equity ETF by 116.4% during the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after buying an additional 524 shares during the last quarter. Triumph Capital Management bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth $33,000. KERR FINANCIAL PLANNING Corp acquired a new stake in Schwab US Dividend Equity ETF in the third quarter valued at $35,000. Reyes Financial Architecture Inc. lifted its stake in Schwab US Dividend Equity ETF by 1,903.1% in the third quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock valued at $36,000 after acquiring an additional 1,237 shares during the last quarter. Finally, Turning Point Benefit Group Inc. bought a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $36,000.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $30.62 on Friday. The company’s 50-day moving average is $30.71 and its 200-day moving average is $28.52. The firm has a market capitalization of $80.54 billion, a PE ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $31.95.

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.