Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Sold by Valley Forge Investment Consultants Inc. ADV

Valley Forge Investment Consultants Inc. ADV cut its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 14.9% during the 1st quarter, Holdings Channel reports. The firm owned 137,169 shares of the company’s stock after selling 23,990 shares during the period. Schwab US Dividend Equity ETF comprises approximately 1.4% of Valley Forge Investment Consultants Inc. ADV’s investment portfolio, making the stock its 13th biggest holding. Valley Forge Investment Consultants Inc. ADV’s holdings in Schwab US Dividend Equity ETF were worth $3,835,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the business. Bank of America Corp DE boosted its position in Schwab US Dividend Equity ETF by 569.6% during the fourth quarter. Bank of America Corp DE now owns 49,630,784 shares of the company’s stock worth $1,355,913,000 after acquiring an additional 42,218,696 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in Schwab US Dividend Equity ETF by 208.5% during the fourth quarter. Envestnet Asset Management Inc. now owns 19,626,674 shares of the company’s stock worth $536,201,000 after acquiring an additional 13,264,762 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 202.3% in the 4th quarter. Ameriprise Financial Inc. now owns 17,426,545 shares of the company’s stock valued at $475,816,000 after purchasing an additional 11,661,011 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Schwab US Dividend Equity ETF by 212.9% in the 4th quarter. Wells Fargo & Company MN now owns 12,294,235 shares of the company’s stock valued at $335,879,000 after purchasing an additional 8,364,559 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 216.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 11,471,870 shares of the company’s stock valued at $313,411,000 after purchasing an additional 7,842,532 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.1%

Shares of SCHD opened at $27.17 on Wednesday. The firm has a market cap of $70.95 billion, a PE ratio of 14.57 and a beta of 0.88. The company’s fifty day moving average is $26.77 and its two-hundred day moving average is $26.97. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week 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.