Schwab US Dividend Equity ETF $SCHD Shares Sold by Meridian Wealth Management LLC

Meridian Wealth Management LLC lowered its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 50.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 125,905 shares of the company’s stock after selling 129,349 shares during the quarter. Meridian Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,454,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SCHD. Brighton Jones LLC lifted its holdings in Schwab US Dividend Equity ETF by 404.6% in the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after acquiring an additional 84,262 shares during the period. Revolve Wealth Partners LLC lifted its holdings in Schwab US Dividend Equity ETF by 206.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after acquiring an additional 51,696 shares during the period. Bison Wealth LLC lifted its holdings in Schwab US Dividend Equity ETF by 234.4% in the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after acquiring an additional 309,400 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Schwab US Dividend Equity ETF by 35.6% in the first quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after acquiring an additional 155,769 shares during the period. Finally, United Bank lifted its holdings in Schwab US Dividend Equity ETF by 5.0% in the second quarter. United Bank now owns 195,713 shares of the company’s stock valued at $5,186,000 after acquiring an additional 9,351 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $31.76 on Wednesday. Schwab US Dividend Equity ETF has a one year low of $25.69 and a one year high of $32.13. The business has a fifty day moving average of $31.00 and a two-hundred day moving average of $29.38. The company has a market cap of $90.16 billion, a P/E ratio of 14.57 and a beta of 0.68.

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.