Schwab US Dividend Equity ETF $SCHD Shares Sold by Costello Asset Management INC

Costello Asset Management INC trimmed its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 26.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 47,284 shares of the company’s stock after selling 17,245 shares during the period. Costello Asset Management INC’s holdings in Schwab US Dividend Equity ETF were worth $1,297,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in shares of Schwab US Dividend Equity ETF by 404.6% during the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after purchasing an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in Schwab US Dividend Equity ETF by 206.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after buying an additional 51,696 shares during the last quarter. Bison Wealth LLC grew its holdings in Schwab US Dividend Equity ETF by 234.4% during the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after buying an additional 309,400 shares during the last quarter. Goldman Sachs Group Inc. increased its position in Schwab US Dividend Equity ETF by 35.6% during the first quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock worth $16,579,000 after buying an additional 155,769 shares in the last quarter. Finally, United Bank increased its position in Schwab US Dividend Equity ETF by 5.0% during the second quarter. United Bank now owns 195,713 shares of the company’s stock worth $5,186,000 after buying an additional 9,351 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.3%

NYSEARCA SCHD opened at $31.62 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.69 and a fifty-two week high of $32.13. The business has a fifty day moving average of $30.99 and a 200-day moving average of $29.28. The stock has a market cap of $89.76 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

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.