Schwab US Dividend Equity ETF $SCHD Position Lowered by Blue Barn Wealth LLC

Blue Barn Wealth LLC lessened its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 46.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 288,349 shares of the company’s stock after selling 246,430 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 11.5% of Blue Barn Wealth LLC’s holdings, making the stock its 3rd largest position. Blue Barn Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $7,909,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Colorado Capital Management Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 0.9% in the fourth quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock worth $1,060,000 after buying an additional 362 shares in the last quarter. Westside Investment Management Inc. increased its position in Schwab US Dividend Equity ETF by 5.6% in the third quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock worth $198,000 after purchasing an additional 383 shares during the last quarter. International Private Wealth Advisors LLC increased its position in Schwab US Dividend Equity ETF by 3.3% in the fourth quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock worth $340,000 after purchasing an additional 397 shares during the last quarter. Archer Investment Corp increased its position in Schwab US Dividend Equity ETF by 5.0% in the fourth quarter. Archer Investment Corp now owns 8,534 shares of the company’s stock worth $234,000 after purchasing an additional 404 shares during the last quarter. Finally, Semus Wealth Partners LLC increased its position in Schwab US Dividend Equity ETF by 0.8% in the fourth quarter. Semus Wealth Partners LLC now owns 50,970 shares of the company’s stock worth $1,398,000 after purchasing an additional 411 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $32.37 on Thursday. The company’s fifty day moving average is $31.42 and its 200 day moving average is $30.00. Schwab US Dividend Equity ETF has a fifty-two week low of $26.16 and a fifty-two week high of $32.91. The stock has a market capitalization of $91.89 billion, a PE ratio of 14.57 and a beta of 0.68.

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.