Schwab US Dividend Equity ETF $SCHD Shares Sold by Smithbridge Asset Management Inc. DE

Smithbridge Asset Management Inc. DE reduced its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 45.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 426,520 shares of the company’s stock after selling 354,408 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 1.9% of Smithbridge Asset Management Inc. DE’s holdings, making the stock its 15th largest holding. Smithbridge Asset Management Inc. DE’s holdings in Schwab US Dividend Equity ETF were worth $13,086,000 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. Mountain Hill Investment Partners Corp. grew its position in Schwab US Dividend Equity ETF by 1,241.8% in the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after acquiring an additional 832 shares in the last quarter. Merrithew & Thorsten Inc purchased a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at $25,000. Field & Main Bank purchased a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at $29,000. Dynamic Wealth Strategies LLC acquired a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at $29,000. Finally, Triumph Capital Management acquired a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at $33,000.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $31.85 on Thursday. Schwab US Dividend Equity ETF has a 12-month low of $26.21 and a 12-month high of $32.92. The company has a market capitalization of $95.84 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The firm’s fifty day moving average price is $32.01 and its 200 day moving average price is $30.67.

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.