Hudock Inc. reduced its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 18.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 288,219 shares of the company’s stock after selling 64,126 shares during the period. Schwab US Dividend Equity ETF makes up approximately 1.2% of Hudock Inc.’s holdings, making the stock its 22nd biggest holding. Hudock Inc.’s holdings in Schwab US Dividend Equity ETF were worth $7,906,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of SCHD. Mountain Hill Investment Partners Corp. raised its holdings in Schwab US Dividend Equity ETF by 1,241.8% during the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after buying an additional 832 shares during the period. Merrithew & Thorsten Inc acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $25,000. Field & Main Bank acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $29,000. Dynamic Wealth Strategies LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $29,000. Finally, Triumph Capital Management acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $33,000.
Schwab US Dividend Equity ETF Stock Up 0.8%
NYSEARCA SCHD opened at $32.53 on Friday. Schwab US Dividend Equity ETF has a 12-month low of $26.16 and a 12-month high of $32.91. The company has a market capitalization of $92.34 billion, a PE ratio of 14.57 and a beta of 0.67. The firm’s 50 day moving average is $31.64 and its 200-day moving average is $30.22.
Key Headlines Impacting Schwab US Dividend Equity ETF
- Positive Sentiment: Multiple articles argued that SCHD remains a “gold standard” among dividend ETFs, emphasizing its quality screen, stronger performance, and lower risk than higher-yield alternatives. SCHD Vs. PFFA: Ditching The Yield Trap For Schwab’s Gold Standard
- Positive Sentiment: Coverage showing that a $1 million investment in SCHD in 2016 grew to about $2.3 million while also producing substantial dividend income may attract more income-focused investors. Retiring? Buy SCHD. $1m into 2.3m since 2016, $53K/y in dividends. No Reinvestments.
- Positive Sentiment: Another recent piece said SCHD is a good time to buy, noting the ETF has held up relatively well even as broader markets weakened and that it remains near its year-to-date high. SCHD stock: Why it is a good time to buy this dividend ETF
- Neutral Sentiment: Several comparison articles discussed SCHD favorably against VYM and HDV, but these were mainly relative-value debates rather than new fund-specific catalysts. SCHD vs. VYM: Which Dividend ETF Builds a Better Income Stream? HDV: Less Stable Than SCHD With No Dividend Or Quality Advantage
- Negative Sentiment: One Seeking Alpha article argued that dividend ETFs like SCHD still face valuation, earnings, and sector-concentration risk, suggesting the fund is not as defensive as many investors assume. Why The ETF With The Worst Sharpe Ratio Is Our Top Pick
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.
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Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report).
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