Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Holdings Cut by Sage Financial Group Inc.

Sage Financial Group Inc. trimmed its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.4% in the 4th quarter, HoldingsChannel reports. The firm owned 14,057 shares of the company’s stock after selling 346 shares during the quarter. Sage Financial Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,070,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Fortune 45 LLC lifted its position in shares of Schwab US Dividend Equity ETF by 3.6% in the 1st quarter. Fortune 45 LLC now owns 82,847 shares of the company’s stock worth $6,535,000 after acquiring an additional 2,904 shares during the period. United Bank increased its position in Schwab US Dividend Equity ETF by 7.6% during the first quarter. United Bank now owns 47,346 shares of the company’s stock worth $3,735,000 after buying an additional 3,357 shares during the last quarter. MAS Advisors LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 32.9% in the first quarter. MAS Advisors LLC now owns 38,659 shares of the company’s stock valued at $3,087,000 after buying an additional 9,564 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Schwab US Dividend Equity ETF by 10.0% in the first quarter. Bank of New York Mellon Corp now owns 29,004 shares of the company’s stock valued at $2,288,000 after buying an additional 2,629 shares during the period. Finally, Citigroup Inc. lifted its stake in Schwab US Dividend Equity ETF by 53.4% during the first quarter. Citigroup Inc. now owns 50,347 shares of the company’s stock worth $3,972,000 after purchasing an additional 17,526 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD traded up $0.36 during trading hours on Thursday, reaching $80.59. The stock had a trading volume of 1,703,074 shares, compared to its average volume of 3,649,793. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $80.71. The stock has a market capitalization of $53.04 billion, a PE ratio of 14.38 and a beta of 0.88. The company’s 50-day moving average is $77.72 and its two-hundred day moving average is $74.22.

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.