Bryn Mawr Capital Management LLC Cuts Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Bryn Mawr Capital Management LLC lessened its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 97.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,548 shares of the company’s stock after selling 51,363 shares during the period. Bryn Mawr Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $42,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Fagan Associates Inc. grew its position in shares of Schwab US Dividend Equity ETF by 196.9% in the fourth quarter. Fagan Associates Inc. now owns 178,912 shares of the company’s stock valued at $4,888,000 after purchasing an additional 118,660 shares in the last quarter. Private Advisor Group LLC lifted its holdings in Schwab US Dividend Equity ETF by 221.5% in the fourth quarter. Private Advisor Group LLC now owns 1,669,849 shares of the company’s stock valued at $45,620,000 after acquiring an additional 1,150,382 shares during the last quarter. Good Life Advisors LLC lifted its stake in Schwab US Dividend Equity ETF by 200.9% during the fourth quarter. Good Life Advisors LLC now owns 143,910 shares of the company’s stock worth $3,932,000 after purchasing an additional 96,080 shares in the last quarter. Financial Perspectives Inc lifted its stake in Schwab US Dividend Equity ETF by 291.3% during the fourth quarter. Financial Perspectives Inc now owns 26,249 shares of the company’s stock worth $717,000 after purchasing an additional 19,540 shares in the last quarter. Finally, Financial Consulate Inc. lifted its stake in Schwab US Dividend Equity ETF by 197.9% during the fourth quarter. Financial Consulate Inc. now owns 776,613 shares of the company’s stock worth $21,217,000 after purchasing an additional 515,889 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.4 %

Schwab US Dividend Equity ETF stock opened at $28.21 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $25.18 and a twelve month high of $29.72. The stock’s fifty day simple moving average is $27.69 and its 200-day simple moving average is $28.03. The firm has a market capitalization of $69.11 billion, a P/E ratio of 17.48 and a beta of 0.88.

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.