Schwab US Dividend Equity ETF $SCHD is Silver Coast Investments LLC’s 6th Largest Position

Silver Coast Investments LLC cut its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 30.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 573,260 shares of the company’s stock after selling 251,064 shares during the period. Schwab US Dividend Equity ETF comprises approximately 5.4% of Silver Coast Investments LLC’s investment portfolio, making the stock its 6th biggest holding. Silver Coast Investments LLC’s holdings in Schwab US Dividend Equity ETF were worth $15,725,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Brighton Jones LLC grew its holdings in Schwab US Dividend Equity ETF by 404.6% during the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after acquiring an additional 84,262 shares during the period. Revolve Wealth Partners LLC raised its position in Schwab US Dividend Equity ETF by 206.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after acquiring an additional 51,696 shares in the last quarter. Bison Wealth LLC lifted its holdings in Schwab US Dividend Equity ETF by 234.4% in the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after acquiring an additional 309,400 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Schwab US Dividend Equity ETF by 35.6% in the first quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after acquiring an additional 155,769 shares during the period. Finally, United Bank boosted its position in Schwab US Dividend Equity ETF by 5.0% in the 2nd quarter. United Bank now owns 195,713 shares of the company’s stock worth $5,186,000 after purchasing an additional 9,351 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $31.03 on Tuesday. The stock has a market capitalization of $87.21 billion, a price-to-earnings ratio of 14.57 and a beta of 0.70. The firm’s 50 day simple moving average is $31.02 and its 200-day simple moving average is $28.94. Schwab US Dividend Equity ETF has a 12 month low of $24.76 and a 12 month high of $31.95.

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.