Verum Partners LLC Has $1.57 Million Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Verum Partners LLC reduced its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 14.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 56,060 shares of the company’s stock after selling 9,702 shares during the quarter. Verum Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,567,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of SCHD. Russell Investments Group Ltd. boosted its position in shares of Schwab US Dividend Equity ETF by 268.3% during the 4th quarter. Russell Investments Group Ltd. now owns 22,732 shares of the company’s stock worth $621,000 after acquiring an additional 16,560 shares in the last quarter. Tenon Financial LLC lifted its stake in Schwab US Dividend Equity ETF by 200.1% during the fourth quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock worth $412,000 after purchasing an additional 10,082 shares during the last quarter. Barclays PLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $74,000. Summit Wealth & Retirement Planning Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 195.0% in the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock valued at $715,000 after purchasing an additional 17,305 shares during the last quarter. Finally, DDD Partners LLC increased its stake in shares of Schwab US Dividend Equity ETF by 203.7% in the 4th quarter. DDD Partners LLC now owns 31,246 shares of the company’s stock valued at $854,000 after purchasing an additional 20,958 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.2%

Shares of SCHD stock opened at $26.54 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The company has a market cap of $69.00 billion, a P/E ratio of 15.93 and a beta of 0.82. The business has a fifty day simple moving average of $25.85 and a 200 day simple moving average of $27.27.

Schwab US Dividend Equity ETF Company 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.