West Oak Capital LLC Sells 1,350 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

West Oak Capital LLC lessened its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.8% during the 4th quarter, Holdings Channel reports. The firm owned 22,045 shares of the company’s stock after selling 1,350 shares during the period. West Oak Capital LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,681,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of SCHD. Procyon Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF by 9.9% during the fourth quarter. Procyon Advisors LLC now owns 4,440 shares of the company’s stock worth $338,000 after purchasing an additional 401 shares during the period. Noble Family Wealth LLC grew its position in shares of Schwab US Dividend Equity ETF by 2.3% during the 4th quarter. Noble Family Wealth LLC now owns 338,344 shares of the company’s stock worth $25,758,000 after buying an additional 7,459 shares during the period. Planned Solutions Inc. bought a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at about $344,000. Threadgill Financial LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $1,331,000. Finally, DDD Partners LLC boosted its stake in Schwab US Dividend Equity ETF by 12,161.9% during the 4th quarter. DDD Partners LLC now owns 488,148 shares of the company’s stock worth $37,163,000 after acquiring an additional 484,167 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.5 %

NYSEARCA SCHD traded up $0.40 during trading on Thursday, reaching $80.63. 1,292,959 shares of the stock traded hands, compared to its average volume of 3,642,725. Schwab US Dividend Equity ETF has a fifty-two week low of $66.67 and a fifty-two week high of $80.65. The firm has a market cap of $53.07 billion, a price-to-earnings ratio of 14.38 and a beta of 0.88. The stock’s 50-day moving average price is $77.72 and its 200 day moving average price is $74.22.

Schwab US Dividend Equity ETF 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.