New Hampshire Trust Reduces Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

New Hampshire Trust lessened its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 56.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,355 shares of the company’s stock after selling 10,688 shares during the quarter. New Hampshire Trust’s holdings in Schwab US Dividend Equity ETF were worth $234,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. LVM Capital Management Ltd. MI grew its holdings in Schwab US Dividend Equity ETF by 3.7% in the 1st quarter. LVM Capital Management Ltd. MI now owns 127,606 shares of the company’s stock valued at $3,568,000 after buying an additional 4,570 shares during the period. Advisory Alpha LLC grew its holdings in Schwab US Dividend Equity ETF by 6.1% in the 1st quarter. Advisory Alpha LLC now owns 519,270 shares of the company’s stock valued at $14,519,000 after buying an additional 30,051 shares during the period. O Connor Financial Group LLC grew its holdings in Schwab US Dividend Equity ETF by 13.9% in the 1st quarter. O Connor Financial Group LLC now owns 314,794 shares of the company’s stock valued at $8,802,000 after buying an additional 38,308 shares during the period. GAMMA Investing LLC grew its holdings in Schwab US Dividend Equity ETF by 2,394.1% in the 1st quarter. GAMMA Investing LLC now owns 243,252 shares of the company’s stock valued at $6,801,000 after buying an additional 233,499 shares during the period. Finally, AdvisorNet Financial Inc grew its holdings in Schwab US Dividend Equity ETF by 13.4% in the 1st quarter. AdvisorNet Financial Inc now owns 887,612 shares of the company’s stock valued at $24,818,000 after buying an additional 104,544 shares during the period.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $26.15 on Friday. The stock has a market capitalization of $67.99 billion, a price-to-earnings ratio of 15.93 and a beta of 0.82. The business has a 50-day moving average of $25.99 and a two-hundred day moving average of $27.34. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $29.72.

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.