Schwab US Dividend Equity ETF $SCHD Shares Sold by Parallel Advisors LLC

Parallel Advisors LLC lowered its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 439,958 shares of the company’s stock after selling 53,237 shares during the quarter. Parallel Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $12,068,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of SCHD. Brighton Jones LLC grew its holdings in Schwab US Dividend Equity ETF by 404.6% during the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after buying an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in Schwab US Dividend Equity ETF by 206.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after buying an additional 51,696 shares during the last quarter. Bison Wealth LLC grew its holdings in Schwab US Dividend Equity ETF by 234.4% during the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after buying an additional 309,400 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in Schwab US Dividend Equity ETF by 35.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after buying an additional 155,769 shares during the last quarter. Finally, United Bank grew its holdings in Schwab US Dividend Equity ETF by 5.0% during the 2nd quarter. United Bank now owns 195,713 shares of the company’s stock valued at $5,186,000 after buying an additional 9,351 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $32.59 on Friday. The business’s fifty day moving average price is $31.46 and its two-hundred day moving average price is $30.03. The stock has a market cap of $92.51 billion, a PE ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a one year low of $26.16 and a one year high of $32.91.

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.