Cambridge Investment Research Advisors Inc. Reduces Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Cambridge Investment Research Advisors Inc. trimmed its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,369,444 shares of the company’s stock after selling 521,362 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $174,714,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Mountain Hill Investment Partners Corp. grew its stake in Schwab US Dividend Equity ETF by 1,241.8% during the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after purchasing an additional 832 shares during the last quarter. Merrithew & Thorsten Inc purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at about $25,000. Biltmore Family Office LLC grew its stake in Schwab US Dividend Equity ETF by 116.4% during the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after purchasing an additional 524 shares during the last quarter. Field & Main Bank purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at about $29,000. Finally, Dynamic Wealth Strategies LLC purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at about $29,000.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $31.72 on Friday. The business’s 50-day simple moving average is $31.01 and its two-hundred day simple moving average is $29.46. The company has a market cap of $90.04 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a fifty-two week low of $25.69 and a fifty-two week high of $32.13.

Schwab US Dividend Equity ETF Company 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.