Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Position Trimmed by Family Capital Management Inc.

Family Capital Management Inc. lessened its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 17.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 185,014 shares of the company’s stock after selling 39,347 shares during the quarter. Schwab US Dividend Equity ETF comprises 10.0% of Family Capital Management Inc.’s portfolio, making the stock its 2nd largest position. Family Capital Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $14,085,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Moneta Group Investment Advisors LLC boosted its holdings in Schwab US Dividend Equity ETF by 104,751.9% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 52,654,527 shares of the company’s stock worth $3,977,523,000 after purchasing an additional 52,604,309 shares during the last quarter. LPL Financial LLC boosted its holdings in Schwab US Dividend Equity ETF by 4.7% in the third quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock worth $797,645,000 after purchasing an additional 503,970 shares during the last quarter. Charles Schwab Investment Advisory Inc. boosted its holdings in Schwab US Dividend Equity ETF by 3.7% in the first quarter. Charles Schwab Investment Advisory Inc. now owns 8,927,261 shares of the company’s stock worth $704,272,000 after purchasing an additional 319,294 shares during the last quarter. Morgan Stanley boosted its holdings in Schwab US Dividend Equity ETF by 13.3% in the fourth quarter. Morgan Stanley now owns 7,736,874 shares of the company’s stock worth $584,444,000 after purchasing an additional 911,053 shares during the last quarter. Finally, Avantax Advisory Services Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 3.7% during the 3rd quarter. Avantax Advisory Services Inc. now owns 7,458,984 shares of the company’s stock worth $527,798,000 after acquiring an additional 266,516 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock remained flat at $75.81 on Thursday. 2,608,085 shares of the stock traded hands, compared to its average volume of 3,675,363. The firm has a 50-day moving average of $78.25 and a 200-day moving average of $74.86. The company has a market capitalization of $53.12 billion, a PE ratio of 15.00 and a beta of 0.79. Schwab US Dividend Equity ETF has a 1-year low of $66.67 and a 1-year high of $80.82.

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.