Schwab US Dividend Equity ETF $SCHD Shares Sold by HC Advisors LLC

HC Advisors LLC lessened its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.8% in the 1st quarter, HoldingsChannel reports. The fund owned 238,062 shares of the company’s stock after selling 2,032 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 5.0% of HC Advisors LLC’s holdings, making the stock its 5th biggest holding. HC Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,656,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. grew its position in shares of Schwab US Dividend Equity ETF by 268.3% during the 4th quarter. Russell Investments Group Ltd. now owns 22,732 shares of the company’s stock worth $621,000 after buying an additional 16,560 shares during the period. Barclays PLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth approximately $74,000. Safeguard Investment Advisory Group LLC grew its position in shares of Schwab US Dividend Equity ETF by 2,627.7% during the 4th quarter. Safeguard Investment Advisory Group LLC now owns 83,930 shares of the company’s stock worth $2,293,000 after buying an additional 80,853 shares during the period. Principal Financial Group Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF during the 1st quarter worth approximately $384,000. Finally, Allspring Global Investments Holdings LLC grew its position in shares of Schwab US Dividend Equity ETF by 343.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 12,115 shares of the company’s stock worth $339,000 after buying an additional 9,382 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $27.26 on Tuesday. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.72. The company has a 50 day moving average of $26.97 and a 200-day moving average of $26.86. The stock has a market cap of $71.10 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88.

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.