Schwab US Dividend Equity ETF $SCHD Shares Sold by Fulcrum Equity Management

Fulcrum Equity Management reduced its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 38.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 46,574 shares of the company’s stock after selling 29,579 shares during the period. Schwab US Dividend Equity ETF accounts for about 1.1% of Fulcrum Equity Management’s portfolio, making the stock its 17th largest holding. Fulcrum Equity Management’s holdings in Schwab US Dividend Equity ETF were worth $1,477,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in SCHD. Wells Fargo & Company MN lifted its position in Schwab US Dividend Equity ETF by 5.7% during the fourth quarter. Wells Fargo & Company MN now owns 10,203,553 shares of the company’s stock worth $279,883,000 after buying an additional 552,907 shares in the last quarter. Avantax Planning Partners Inc. boosted its stake in Schwab US Dividend Equity ETF by 3.8% during the fourth quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock worth $277,214,000 after buying an additional 366,548 shares during the last quarter. Cassaday & Co Wealth Management LLC grew its holdings in Schwab US Dividend Equity ETF by 3.5% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 9,569,026 shares of the company’s stock valued at $293,578,000 after buying an additional 324,778 shares in the last quarter. Royal Bank of Canada grew its holdings in Schwab US Dividend Equity ETF by 8.3% in the 1st quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock valued at $265,563,000 after buying an additional 660,876 shares in the last quarter. Finally, Cibc World Market Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 31.8% in the 4th quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock worth $192,634,000 after acquiring an additional 1,694,144 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.9%

NYSEARCA SCHD opened at $34.19 on Tuesday. Schwab US Dividend Equity ETF has a 52 week low of $26.32 and a 52 week high of $34.24. The business’s fifty day simple moving average is $32.66 and its 200-day simple moving average is $31.66. The firm has a market cap of $106.22 billion, a PE 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.