Hamel Associates Inc. decreased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 30.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,128 shares of the company’s stock after selling 30,402 shares during the period. Hamel Associates Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,924,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. Mountain Hill Investment Partners Corp. lifted its stake in shares of Schwab US Dividend Equity ETF by 1,241.8% in the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after acquiring an additional 832 shares in the last quarter. Merrithew & Thorsten Inc acquired a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter worth about $25,000. Field & Main Bank acquired a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter worth about $29,000. Dynamic Wealth Strategies LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter worth about $29,000. Finally, Triumph Capital Management acquired a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth about $33,000.
Schwab US Dividend Equity ETF Stock Performance
NYSEARCA:SCHD opened at $32.26 on Thursday. Schwab US Dividend Equity ETF has a one year low of $26.16 and a one year high of $32.91. The business’s 50-day simple moving average is $31.60 and its 200 day simple moving average is $30.19. The stock has a market cap of $91.58 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67.
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.
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