Personal CFO Solutions LLC Reduces Position in Schwab US Dividend Equity ETF $SCHD

Personal CFO Solutions LLC lessened its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 175,888 shares of the company’s stock after selling 19,979 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 0.8% of Personal CFO Solutions LLC’s portfolio, making the stock its 21st biggest position. Personal CFO Solutions LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,825,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Biltmore Family Office LLC boosted its stake in shares of 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 valued at $27,000 after purchasing an additional 524 shares during the period. Triumph Capital Management purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $33,000. KERR FINANCIAL PLANNING Corp purchased a new stake in Schwab US Dividend Equity ETF in the third quarter worth $35,000. Reyes Financial Architecture Inc. lifted its stake in Schwab US Dividend Equity ETF by 1,903.1% in the third quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock worth $36,000 after acquiring an additional 1,237 shares during the period. Finally, Turning Point Benefit Group Inc. purchased a new stake in Schwab US Dividend Equity ETF in the third quarter worth $36,000.

Schwab US Dividend Equity ETF Stock Up 1.0%

Shares of SCHD stock opened at $30.86 on Thursday. The stock has a fifty day moving average of $30.98 and a 200 day moving average of $28.73. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $31.95. The firm has a market capitalization of $85.45 billion, a price-to-earnings ratio of 14.57 and a beta of 0.74.

Schwab US Dividend Equity ETF Company 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.