Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Sold by Access Financial Services Inc.

Access Financial Services Inc. reduced its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 54,469 shares of the company’s stock after selling 831 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 2.1% of Access Financial Services Inc.’s holdings, making the stock its 6th biggest position. Access Financial Services Inc.’s holdings in Schwab US Dividend Equity ETF were worth $4,147,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Moneta Group Investment Advisors LLC boosted its holdings in Schwab US Dividend Equity ETF by 104,751.9% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 52,654,527 shares of the company’s stock valued at $3,977,523,000 after acquiring an additional 52,604,309 shares during the last quarter. LPL Financial LLC grew its stake in Schwab US Dividend Equity ETF by 4.7% in the 3rd quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock valued at $797,645,000 after purchasing an additional 503,970 shares during the period. Charles Schwab Investment Advisory Inc. grew its stake in Schwab US Dividend Equity ETF by 3.7% in the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 8,927,261 shares of the company’s stock valued at $704,272,000 after purchasing an additional 319,294 shares during the period. Morgan Stanley grew its stake in Schwab US Dividend Equity ETF by 13.3% in the 4th quarter. Morgan Stanley now owns 7,736,874 shares of the company’s stock valued at $584,444,000 after purchasing an additional 911,053 shares during the period. Finally, Avantax Advisory Services Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 3.7% during the 3rd quarter. Avantax Advisory Services Inc. now owns 7,458,984 shares of the company’s stock worth $527,798,000 after acquiring an additional 266,516 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.5 %

Shares of NYSEARCA SCHD opened at $80.63 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $80.82. The business has a 50-day simple moving average of $77.81 and a two-hundred day simple moving average of $74.26. The company has a market cap of $53.07 billion, a P/E ratio of 14.38 and a beta of 0.88.

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.