Cascade Financial Partners LLC Decreases Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Cascade Financial Partners LLC cut its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,079 shares of the company’s stock after selling 1,168 shares during the period. Cascade Financial Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $589,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Cowa LLC raised its position in Schwab US Dividend Equity ETF by 0.3% during the first quarter. Cowa LLC now owns 121,867 shares of the company’s stock valued at $3,407,000 after purchasing an additional 394 shares during the period. Gateway Wealth Partners LLC raised its position in Schwab US Dividend Equity ETF by 3.2% during the first quarter. Gateway Wealth Partners LLC now owns 12,883 shares of the company’s stock valued at $360,000 after purchasing an additional 400 shares during the period. Clear Point Advisors Inc. raised its position in Schwab US Dividend Equity ETF by 1.4% during the first quarter. Clear Point Advisors Inc. now owns 30,008 shares of the company’s stock valued at $839,000 after purchasing an additional 404 shares during the period. Valicenti Advisory Services Inc. raised its position in Schwab US Dividend Equity ETF by 1.5% during the first quarter. Valicenti Advisory Services Inc. now owns 28,119 shares of the company’s stock valued at $786,000 after purchasing an additional 416 shares during the period. Finally, Federated Hermes Inc. raised its position in Schwab US Dividend Equity ETF by 1.9% during the first quarter. Federated Hermes Inc. now owns 23,269 shares of the company’s stock valued at $651,000 after purchasing an additional 424 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $27.33 on Friday. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.72. The company has a market cap of $71.28 billion, a PE ratio of 14.57 and a beta of 0.88. The stock’s 50 day simple moving average is $26.95 and its two-hundred day simple moving average is $26.87.

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.