Schwab US Dividend Equity ETF $SCHD is Main Street Financial Solutions LLC’s 3rd Largest Position

Main Street Financial Solutions LLC reduced its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,689,595 shares of the company’s stock after selling 195,140 shares during the period. Schwab US Dividend Equity ETF comprises about 3.5% of Main Street Financial Solutions LLC’s holdings, making the stock its 3rd largest position. Main Street Financial Solutions LLC’s holdings in Schwab US Dividend Equity ETF were worth $46,346,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Colorado Capital Management Inc. lifted its position in Schwab US Dividend Equity ETF by 0.9% in the fourth quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock valued at $1,060,000 after acquiring an additional 362 shares during the last quarter. International Private Wealth Advisors LLC lifted its position in Schwab US Dividend Equity ETF by 3.3% in the fourth quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock valued at $340,000 after acquiring an additional 397 shares during the last quarter. Archer Investment Corp lifted its position in Schwab US Dividend Equity ETF by 5.0% in the fourth quarter. Archer Investment Corp now owns 8,534 shares of the company’s stock valued at $234,000 after acquiring an additional 404 shares during the last quarter. Semus Wealth Partners LLC lifted its position in Schwab US Dividend Equity ETF by 0.8% in the fourth quarter. Semus Wealth Partners LLC now owns 50,970 shares of the company’s stock valued at $1,398,000 after acquiring an additional 411 shares during the last quarter. Finally, Joel Isaacson & Co. LLC lifted its position in Schwab US Dividend Equity ETF by 1.0% in the fourth quarter. Joel Isaacson & Co. LLC now owns 42,866 shares of the company’s stock valued at $1,176,000 after acquiring an additional 411 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $31.93 on Thursday. Schwab US Dividend Equity ETF has a 1-year low of $26.16 and a 1-year high of $32.92. The stock has a market cap of $90.64 billion, a PE ratio of 14.57 and a beta of 0.67. The firm has a fifty day moving average price of $31.79 and a 200 day moving average price of $30.37.

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.