RFG Advisory LLC reduced its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 5.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 663,632 shares of the company’s stock after selling 41,146 shares during the period. RFG Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $18,203,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently added to or reduced their stakes in SCHD. Rakuten Investment Management Inc. acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $1,127,144,000. Sumitomo Life Insurance Co. acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $847,665,000. Cibc World Market Inc. increased its position in Schwab US Dividend Equity ETF by 243.5% during the 3rd quarter. Cibc World Market Inc. now owns 5,328,615 shares of the company’s stock valued at $145,471,000 after buying an additional 3,777,339 shares in the last quarter. Lido Advisors LLC acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $32,308,000. Finally, Argent Capital Management LLC acquired a new position in Schwab US Dividend Equity ETF during the 4th quarter valued at about $29,815,000.
Schwab US Dividend Equity ETF Price Performance
Shares of NYSEARCA:SCHD opened at $31.69 on Wednesday. The firm has a market capitalization of $89.96 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 1 year low of $25.50 and a 1 year high of $32.13. The business’s 50-day moving average is $30.99 and its 200 day moving average is $29.21.
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.
Further Reading
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