TrueWealth Advisors LLC Sells 19,547 Shares of Schwab US Dividend Equity ETF $SCHD

TrueWealth Advisors LLC decreased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 171,894 shares of the company’s stock after selling 19,547 shares during the quarter. Schwab US Dividend Equity ETF comprises about 1.2% of TrueWealth Advisors LLC’s portfolio, making the stock its 15th biggest holding. TrueWealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,715,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Biltmore Family Office LLC grew its stake in shares of Schwab US Dividend Equity ETF by 116.4% in the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after buying an additional 524 shares in the last quarter. Triumph Capital Management acquired a new position in Schwab US Dividend Equity ETF during the third quarter worth $33,000. KERR FINANCIAL PLANNING Corp bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth $35,000. Reyes Financial Architecture Inc. raised its position in Schwab US Dividend Equity ETF by 1,903.1% during 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 in the last quarter. Finally, Turning Point Benefit Group Inc. acquired a new stake in Schwab US Dividend Equity ETF in the third quarter valued at $36,000.

Schwab US Dividend Equity ETF Price Performance

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

About Schwab US Dividend Equity ETF

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.