SWS Partners Sells 3,734 Shares of Schwab US Dividend Equity ETF $SCHD

SWS Partners lowered its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.6% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 31,456 shares of the company’s stock after selling 3,734 shares during the period. SWS Partners’ holdings in Schwab US Dividend Equity ETF were worth $880,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Opal Wealth Advisors LLC bought a new position in Schwab US Dividend Equity ETF during the first quarter worth about $27,000. Cooksen Wealth LLC bought a new position in Schwab US Dividend Equity ETF during the first quarter worth about $38,000. Optimum Investment Advisors grew its holdings in Schwab US Dividend Equity ETF by 57.6% during the first quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock worth $39,000 after purchasing an additional 505 shares during the period. MTM Investment Management LLC bought a new position in Schwab US Dividend Equity ETF during the first quarter worth about $40,000. Finally, Westside Investment Management Inc. grew its holdings in Schwab US Dividend Equity ETF by 3,666.7% during the first quarter. Westside Investment Management Inc. now owns 1,469 shares of the company’s stock worth $41,000 after purchasing an additional 1,430 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $27.50 on Thursday. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.72. The stock has a market capitalization of $71.73 billion, a P/E ratio of 14.57 and a beta of 0.88. The stock has a 50-day simple moving average of $27.29 and a 200 day simple moving average of $26.85.

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.