Continuum Advisory LLC Sells 21,085 Shares of Schwab US Dividend Equity ETF $SCHD

Continuum Advisory LLC decreased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 8.5% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 227,121 shares of the company’s stock after selling 21,085 shares during the quarter. Schwab US Dividend Equity ETF comprises 0.7% of Continuum Advisory LLC’s holdings, making the stock its 28th largest position. Continuum Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,968,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Wells Fargo & Company MN boosted its stake in shares of Schwab US Dividend Equity ETF by 5.7% in the 4th quarter. Wells Fargo & Company MN now owns 10,203,553 shares of the company’s stock valued at $279,883,000 after purchasing an additional 552,907 shares in the last quarter. Avantax Planning Partners Inc. lifted its stake in Schwab US Dividend Equity ETF by 3.8% in the fourth quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock worth $277,214,000 after purchasing an additional 366,548 shares during the last quarter. Cassaday & Co Wealth Management LLC lifted its stake in Schwab US Dividend Equity ETF by 52.2% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock worth $253,570,000 after purchasing an additional 3,170,728 shares during the last quarter. Royal Bank of Canada boosted its position in Schwab US Dividend Equity ETF by 4.0% during the fourth quarter. Royal Bank of Canada now owns 7,995,065 shares of the company’s stock valued at $219,304,000 after buying an additional 304,047 shares during the period. Finally, Cibc World Market Inc. boosted its position in Schwab US Dividend Equity ETF by 31.8% during the fourth quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock valued at $192,634,000 after buying an additional 1,694,144 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $32.09 on Monday. The company has a market cap of $91.09 billion, a P/E ratio of 14.57 and a beta of 0.67. The business’s 50-day moving average price is $31.96 and its 200-day moving average price is $30.58. Schwab US Dividend Equity ETF has a 12 month low of $26.21 and a 12 month high of $32.92.

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.