Goepper Burkhardt LLC Lowers Stake in Schwab US Dividend Equity ETF $SCHD

Goepper Burkhardt LLC reduced its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 37.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 236,868 shares of the company’s stock after selling 143,335 shares during the period. Schwab US Dividend Equity ETF makes up 2.1% of Goepper Burkhardt LLC’s investment portfolio, making the stock its 14th largest holding. Goepper Burkhardt LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,497,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of SCHD. Sumitomo Life Insurance Co. purchased a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at about $847,665,000. Cibc World Market Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 243.5% in the third quarter. Cibc World Market Inc. now owns 5,328,615 shares of the company’s stock valued at $145,471,000 after acquiring an additional 3,777,339 shares in the last quarter. Cassaday & Co Wealth Management LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 52.2% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock valued at $253,570,000 after acquiring an additional 3,170,728 shares in the last quarter. Keudell Morrison Wealth Management purchased a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at about $43,773,000. Finally, Evergreen Advisors LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at about $41,630,000.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $32.83 on Tuesday. The company has a market cap of $93.19 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The firm’s 50-day simple moving average is $31.17 and its 200-day simple moving average is $29.72. Schwab US Dividend Equity ETF has a fifty-two week low of $25.69 and a fifty-two week high of $32.88.

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.