ProVise Management Group LLC Sells 4,857 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

ProVise Management Group LLC lowered its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 134,917 shares of the company’s stock after selling 4,857 shares during the period. ProVise Management Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $10,271,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in SCHD. Whitaker Myers Wealth Managers LTD. lifted its position in Schwab US Dividend Equity ETF by 12.3% during the fourth quarter. Whitaker Myers Wealth Managers LTD. now owns 203,264 shares of the company’s stock worth $15,475,000 after acquiring an additional 22,221 shares during the last quarter. FMR LLC lifted its position in Schwab US Dividend Equity ETF by 22.7% during the third quarter. FMR LLC now owns 64,312 shares of the company’s stock worth $4,551,000 after acquiring an additional 11,906 shares during the last quarter. M. Kulyk & Associates LLC acquired a new stake in Schwab US Dividend Equity ETF during the third quarter worth approximately $514,000. Apexium Financial LP lifted its position in Schwab US Dividend Equity ETF by 27.0% during the fourth quarter. Apexium Financial LP now owns 287,086 shares of the company’s stock worth $21,856,000 after acquiring an additional 60,972 shares during the last quarter. Finally, Procyon Advisors LLC lifted its position in 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 acquiring an additional 401 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD traded up $0.12 during mid-day trading on Friday, reaching $78.10. The stock had a trading volume of 2,389,129 shares, compared to its average volume of 3,422,266. The stock has a 50-day simple moving average of $78.56 and a two-hundred day simple moving average of $76.41. The stock has a market capitalization of $54.79 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $80.82.

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.