Global Financial Private Client LLC Has $8.10 Million Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Global Financial Private Client LLC cut its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 289,759 shares of the company’s stock after selling 560 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 3.1% of Global Financial Private Client LLC’s holdings, making the stock its 4th biggest position. Global Financial Private Client LLC’s holdings in Schwab US Dividend Equity ETF were worth $8,102,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ritter Daniher Financial Advisory LLC DE grew its position in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock valued at $27,000 after acquiring an additional 650 shares during the period. Moisand Fitzgerald Tamayo LLC grew its holdings in Schwab US Dividend Equity ETF by 294.3% during the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after purchasing an additional 777 shares during the period. PFG Private Wealth Management LLC grew its holdings in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after purchasing an additional 686 shares during the period. Mountain Hill Investment Partners Corp. bought a new position in Schwab US Dividend Equity ETF during the fourth quarter worth about $29,000. Finally, Morton Brown Family Wealth LLC grew its holdings in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Morton Brown Family Wealth LLC now owns 1,152 shares of the company’s stock worth $31,000 after purchasing an additional 768 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $26.19 on Friday. 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 50-day simple moving average of $26.03 and a 200 day simple moving average of $27.37. The stock has a market capitalization of $68.09 billion, a P/E ratio of 15.93 and a beta of 0.82.

About Schwab US Dividend Equity ETF

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.