HMV Wealth Advisors LLC Cuts Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

HMV Wealth Advisors LLC cut its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 8.0% in the first quarter, Holdings Channel reports. The institutional investor owned 8,677 shares of the company’s stock after selling 750 shares during the quarter. HMV Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $243,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in SCHD. Ritter Daniher Financial Advisory LLC DE increased its position in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock valued at $27,000 after buying an additional 650 shares in the last quarter. Moisand Fitzgerald Tamayo LLC increased its position in shares of Schwab US Dividend Equity ETF by 294.3% in the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock valued at $28,000 after buying an additional 777 shares in the last quarter. PFG Private Wealth Management LLC increased its position in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after buying an additional 686 shares in the last quarter. Mountain Hill Investment Partners Corp. purchased a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $29,000. Finally, Morton Brown Family Wealth LLC increased its position in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Morton Brown Family Wealth LLC now owns 1,152 shares of the company’s stock worth $31,000 after purchasing an additional 768 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $26.90 on Friday. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.72. The stock has a market capitalization of $69.94 billion, a price-to-earnings ratio of 15.93 and a beta of 0.82. The stock has a 50 day moving average price of $25.95 and a 200 day moving average price of $27.19.

About Schwab US Dividend Equity ETF

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.