Signaturefd LLC Lowers Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Signaturefd LLC trimmed its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 5,663 shares of the company’s stock after selling 160 shares during the period. Signaturefd LLC’s holdings in Schwab US Dividend Equity ETF were worth $431,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Raleigh Capital Management Inc. bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $28,000. Bear Mountain Capital Inc. bought a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at about $34,000. Howe & Rusling Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 209.8% in the 3rd quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock valued at $36,000 after purchasing an additional 344 shares in the last quarter. Carmel Capital Partners LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $39,000. Finally, WestHill Financial Advisors Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 106.3% in the 3rd quarter. WestHill Financial Advisors Inc. now owns 619 shares of the company’s stock valued at $44,000 after purchasing an additional 319 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.4 %

NYSEARCA SCHD opened at $78.11 on Thursday. The firm has a market cap of $54.64 billion, a PE ratio of 14.82 and a beta of 0.77. The company has a 50 day moving average price of $78.29 and a 200 day moving average price of $75.13. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $80.82.

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.