Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is Members Advisory Group LLC’s 2nd Largest Position

Members Advisory Group LLC lowered its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 301,823 shares of the company’s stock after selling 7,678 shares during the quarter. Schwab US Dividend Equity ETF accounts for 13.5% of Members Advisory Group LLC’s portfolio, making the stock its 2nd biggest position. Members Advisory Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $22,978,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHD. AMG National Trust Bank grew its stake in Schwab US Dividend Equity ETF by 0.3% during the 4th quarter. AMG National Trust Bank now owns 47,802 shares of the company’s stock valued at $3,639,000 after purchasing an additional 130 shares during the last quarter. Bogart Wealth LLC raised its stake in shares of Schwab US Dividend Equity ETF by 2.9% in the fourth quarter. Bogart Wealth LLC now owns 4,784 shares of the company’s stock valued at $364,000 after acquiring an additional 135 shares in the last quarter. Grey Street Capital LLC raised its stake in Schwab US Dividend Equity ETF by 1.0% in the fourth quarter. Grey Street Capital LLC now owns 13,599 shares of the company’s stock valued at $1,035,000 after buying an additional 136 shares in the last quarter. Zullo Investment Group Inc. increased its position in shares of 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 worth $2,437,000 after purchasing an additional 144 shares in the last quarter. Finally, StrategIQ Financial Group LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 1.0% during the fourth quarter. StrategIQ Financial Group LLC now owns 14,156 shares of the company’s stock worth $1,078,000 after buying an additional 145 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD traded up $0.12 during trading on Friday, reaching $78.10. The company’s stock had a trading volume of 2,385,698 shares, compared to its average volume of 3,422,232. The company’s fifty day moving average price is $78.56 and its 200-day moving average price is $76.41. Schwab US Dividend Equity ETF has a 52-week low of $66.67 and a 52-week high of $80.82. The company has a market capitalization of $54.79 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.