Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Holdings Lessened by Coombe Bender & Co LLC

Coombe Bender & Co LLC trimmed its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 11.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,723 shares of the company’s stock after selling 1,424 shares during the quarter. Coombe Bender & Co LLC’s holdings in Schwab US Dividend Equity ETF were worth $816,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in SCHD. LPL Financial LLC grew its position 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 acquiring an additional 503,970 shares in the last quarter. Avantax Advisory Services Inc. raised its holdings 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 valued at $527,798,000 after purchasing an additional 266,516 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 2.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,778,626 shares of the company’s stock valued at $408,896,000 after purchasing an additional 145,168 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Schwab US Dividend Equity ETF by 2.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,349,008 shares of the company’s stock valued at $307,736,000 after purchasing an additional 95,086 shares in the last quarter. Finally, Royal Bank of Canada raised its holdings in shares of Schwab US Dividend Equity ETF by 11.8% during the 3rd quarter. Royal Bank of Canada now owns 4,280,883 shares of the company’s stock valued at $302,916,000 after purchasing an additional 451,744 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock traded up $0.02 during midday trading on Thursday, reaching $76.91. 1,386,377 shares of the company’s stock traded hands, compared to its average volume of 3,565,823. The company has a market cap of $53.80 billion, a price-to-earnings ratio of 14.82 and a beta of 0.77. The company’s 50 day simple moving average is $78.32 and its 200 day simple moving average is $75.37. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $80.82.

Schwab US Dividend Equity ETF 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.