Focus Partners Advisor Solutions LLC Lowers Stock Position in Schwab US Dividend Equity ETF $SCHD

Focus Partners Advisor Solutions LLC reduced its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,307,883 shares of the company’s stock after selling 21,578 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Schwab US Dividend Equity ETF were worth $35,875,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Montis Financial LLC raised its stake in Schwab US Dividend Equity ETF by 5.5% in the fourth quarter. Montis Financial LLC now owns 530,958 shares of the company’s stock valued at $14,564,000 after purchasing an additional 27,852 shares in the last quarter. Next Capital Management LLC raised its stake in Schwab US Dividend Equity ETF by 1.3% in the fourth quarter. Next Capital Management LLC now owns 40,381 shares of the company’s stock valued at $1,108,000 after purchasing an additional 512 shares in the last quarter. Miramar Capital LLC raised its stake in Schwab US Dividend Equity ETF by 2.8% in the fourth quarter. Miramar Capital LLC now owns 79,770 shares of the company’s stock valued at $2,188,000 after purchasing an additional 2,161 shares in the last quarter. O Shaughnessy Asset Management LLC raised its stake in Schwab US Dividend Equity ETF by 12.7% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 98,001 shares of the company’s stock valued at $2,688,000 after purchasing an additional 11,062 shares in the last quarter. Finally, Hilton Head Capital Partners LLC purchased a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $3,329,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $32.29 on Tuesday. The firm’s 50 day simple moving average is $31.53 and its 200 day simple moving average is $30.11. The company has a market capitalization of $91.66 billion, a P/E ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 1-year low of $26.16 and a 1-year high of $32.91.

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.