Valley Wealth Managers Inc. Lowers Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Valley Wealth Managers Inc. reduced its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 89.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,953 shares of the company’s stock after selling 15,753 shares during the period. Valley Wealth Managers Inc.’s holdings in Schwab US Dividend Equity ETF were worth $54,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SCHD. Prosperitas Financial LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 6.2% during the 4th quarter. Prosperitas Financial LLC now owns 388,103 shares of the company’s stock valued at $10,646,000 after acquiring an additional 22,553 shares in the last quarter. Fairway Financial LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 4.7% during the 4th quarter. Fairway Financial LLC now owns 378,572 shares of the company’s stock valued at $10,384,000 after acquiring an additional 16,945 shares in the last quarter. KLCM Advisors Inc. acquired a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at $1,488,000. Trek Financial LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 11.6% during the 4th quarter. Trek Financial LLC now owns 255,443 shares of the company’s stock valued at $7,007,000 after acquiring an additional 26,527 shares in the last quarter. Finally, Fusion Capital LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 3.0% during the 4th quarter. Fusion Capital LLC now owns 28,628 shares of the company’s stock valued at $785,000 after acquiring an additional 835 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $31.76 on Wednesday. Schwab US Dividend Equity ETF has a 12-month low of $25.69 and a 12-month high of $32.13. The company has a market capitalization of $90.16 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The firm’s fifty day moving average price is $31.00 and its 200 day moving average price is $29.38.

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.