WealthCare Investment Partners LLC Lowers Stock Position in Schwab US Dividend Equity ETF $SCHD

WealthCare Investment Partners LLC trimmed its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 16.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 110,651 shares of the company’s stock after selling 22,139 shares during the period. Schwab US Dividend Equity ETF comprises 0.9% of WealthCare Investment Partners LLC’s investment portfolio, making the stock its 26th biggest holding. WealthCare Investment Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,068,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of SCHD. Biltmore Family Office LLC grew its holdings in Schwab US Dividend Equity ETF by 116.4% during the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after acquiring an additional 524 shares during the period. Triumph Capital Management acquired a new stake in Schwab US Dividend Equity ETF in the third quarter valued at $33,000. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $35,000. Reyes Financial Architecture Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 1,903.1% during the 3rd quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock worth $36,000 after purchasing an additional 1,237 shares in the last quarter. Finally, Turning Point Benefit Group Inc. acquired a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $36,000.

Schwab US Dividend Equity ETF Stock Down 0.7%

Shares of SCHD opened at $30.39 on Friday. The company has a 50-day simple moving average of $30.57 and a 200-day simple moving average of $28.44. The company has a market capitalization of $79.93 billion, a PE ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $31.95.

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.