Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Sold by Financial Advocates Investment Management

Financial Advocates Investment Management decreased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 70.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,187 shares of the company’s stock after selling 9,945 shares during the period. Financial Advocates Investment Management’s holdings in Schwab US Dividend Equity ETF were worth $319,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Raleigh Capital Management Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth about $28,000. Signature Resources Capital Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $32,000. Bear Mountain Capital Inc. acquired a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $34,000. Howe & Rusling Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 209.8% in the third quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock valued at $36,000 after acquiring an additional 344 shares in the last quarter. Finally, Venturi Wealth Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth approximately $44,000.

Schwab US Dividend Equity ETF Trading Down 0.3 %

Shares of NYSEARCA SCHD opened at $79.47 on Wednesday. The stock has a market cap of $55.75 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12-month low of $66.67 and a 12-month high of $80.82. The company has a 50-day moving average of $78.58 and a 200 day moving average of $76.38.

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.