Investment Advisory Group LLC Decreases Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Investment Advisory Group LLC trimmed its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,165 shares of the company’s stock after selling 672 shares during the quarter. Investment Advisory Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,840,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of SCHD. Grey Street Capital LLC grew its holdings in Schwab US Dividend Equity ETF by 1.0% during the fourth quarter. Grey Street Capital LLC now owns 13,599 shares of the company’s stock valued at $1,035,000 after purchasing an additional 136 shares during the period. Zullo Investment Group Inc. grew its holdings in Schwab US Dividend Equity ETF by 0.5% during the fourth quarter. Zullo Investment Group Inc. now owns 32,014 shares of the company’s stock valued at $2,437,000 after purchasing an additional 144 shares during the period. StrategIQ Financial Group LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 1.0% in the fourth quarter. StrategIQ Financial Group LLC now owns 14,156 shares of the company’s stock worth $1,078,000 after acquiring an additional 145 shares during the period. SVB Wealth LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 0.6% in the first quarter. SVB Wealth LLC now owns 23,813 shares of the company’s stock worth $1,878,000 after acquiring an additional 145 shares during the period. Finally, Indie Asset Partners LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 0.7% in the fourth quarter. Indie Asset Partners LLC now owns 19,890 shares of the company’s stock worth $1,514,000 after acquiring an additional 146 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock traded down $0.22 during trading hours on Tuesday, reaching $76.20. The company had a trading volume of 1,591,086 shares, compared to its average volume of 3,678,823. Schwab US Dividend Equity ETF has a one year low of $66.67 and a one year high of $80.82. The business has a fifty day simple moving average of $78.29 and a 200 day simple moving average of $74.82. The firm has a market cap of $53.40 billion, a PE ratio of 15.00 and a beta of 0.79.

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.