Schwab US Dividend Equity ETF $SCHD is Main Street Financial Solutions LLC’s 3rd Largest Position

Main Street Financial Solutions LLC lessened its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,689,595 shares of the company’s stock after selling 195,140 shares during the period. Schwab US Dividend Equity ETF makes up approximately 3.5% of Main Street Financial Solutions LLC’s portfolio, making the stock its 3rd largest position. Main Street Financial Solutions LLC owned 0.06% of Schwab US Dividend Equity ETF worth $46,346,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Mountain Hill Investment Partners Corp. lifted its position in shares of Schwab US Dividend Equity ETF by 1,241.8% during the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after purchasing an additional 832 shares during the last quarter. Merrithew & Thorsten Inc purchased a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $25,000. Field & Main Bank purchased a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $29,000. Dynamic Wealth Strategies LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $29,000. Finally, Triumph Capital Management purchased a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $33,000.

Schwab US Dividend Equity ETF Trading Down 1.8%

Schwab US Dividend Equity ETF stock opened at $31.93 on Thursday. The stock has a market cap of $90.64 billion, a P/E ratio of 14.57 and a beta of 0.67. The company has a fifty day simple moving average of $31.79 and a 200-day simple moving average of $30.37. Schwab US Dividend Equity ETF has a 12-month low of $26.16 and a 12-month high of $32.92.

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.