Schwab US Dividend Equity ETF $SCHD Stock Holdings Lessened by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC reduced its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 408,315 shares of the company’s stock after selling 32,082 shares during the period. Concurrent Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $11,200,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Mountain Hill Investment Partners Corp. lifted its position in Schwab US Dividend Equity ETF by 1,241.8% in the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after purchasing an additional 832 shares during the last quarter. Biltmore Family Office LLC increased its stake in shares of 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 valued at $27,000 after acquiring an additional 524 shares during the period. Field & Main Bank bought a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter worth approximately $29,000. Triumph Capital Management bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $33,000. Finally, KERR FINANCIAL PLANNING Corp bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $35,000.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $31.20 on Friday. The company’s 50 day simple moving average is $31.00 and its 200 day simple moving average is $29.03. The company has a market capitalization of $88.07 billion, a P/E ratio of 14.57 and a beta of 0.70. Schwab US Dividend Equity ETF has a 12 month low of $25.41 and a 12 month high of $31.95.

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.