Fifth Third Bancorp Sells 210,857 Shares of Schwab US Dividend Equity ETF $SCHD

Fifth Third Bancorp cut its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.6% in the fourth quarter, HoldingsChannel reports. The firm owned 2,550,170 shares of the company’s stock after selling 210,857 shares during the period. Fifth Third Bancorp’s holdings in Schwab US Dividend Equity ETF were worth $69,951,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of SCHD. Mountain Hill Investment Partners Corp. boosted its position in Schwab US Dividend Equity ETF by 1,241.8% during the fourth 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 period. Biltmore Family Office LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 116.4% in the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after buying an additional 524 shares during the last quarter. Field & Main Bank acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth $29,000. Triumph Capital Management bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $33,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at $35,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $32.07 on Friday. The company has a market capitalization of $90.78 billion, a PE ratio of 14.57 and a beta of 0.70. Schwab US Dividend Equity ETF has a one year low of $25.50 and a one year high of $32.10. The company’s fifty day moving average price is $30.99 and its 200 day moving average price is $29.14.

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.