Schwab US Dividend Equity ETF $SCHD Stock Position Trimmed by RFG Advisory LLC

RFG Advisory LLC decreased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 79.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 137,336 shares of the company’s stock after selling 526,296 shares during the period. RFG Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,213,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Sumitomo Life Insurance Co. acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $847,665,000. Cassaday & Co Wealth Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 52.2% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock valued at $253,570,000 after purchasing an additional 3,170,728 shares during the period. Cibc World Market Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 31.8% during the fourth quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock valued at $192,634,000 after purchasing an additional 1,694,144 shares during the period. Keudell Morrison Wealth Management bought a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at about $43,773,000. Finally, Evergreen Advisors LLC acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter worth about $41,630,000.

Schwab US Dividend Equity ETF Trading Up 0.8%

Schwab US Dividend Equity ETF stock opened at $31.96 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $26.21 and a 52 week high of $32.92. The stock has a market cap of $90.72 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67. The company’s 50-day moving average price is $31.93 and its two-hundred day moving average price is $30.55.

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.