CENTRAL TRUST Co Reduces Stock Position in Schwab US Dividend Equity ETF $SCHD

CENTRAL TRUST Co cut its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 889,216 shares of the company’s stock after selling 54,917 shares during the period. CENTRAL TRUST Co’s holdings in Schwab US Dividend Equity ETF were worth $27,281,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Sumitomo Life Insurance Co. purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $847,665,000. Cassaday & Co Wealth Management LLC grew its position 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 purchasing an additional 3,170,728 shares in the last quarter. Cibc World Market Inc. grew its position in shares of Schwab US Dividend Equity ETF by 31.8% in the fourth quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock valued at $192,634,000 after purchasing an additional 1,694,144 shares in the last quarter. Keudell Morrison Wealth Management bought a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at $43,773,000. Finally, Evergreen Advisors LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at $41,630,000.

Schwab US Dividend Equity ETF Trading Up 0.4%

Shares of Schwab US Dividend Equity ETF stock opened at $32.02 on Wednesday. Schwab US Dividend Equity ETF has a 12-month low of $26.16 and a 12-month high of $32.92. The company has a market cap of $90.90 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67. The company’s 50-day moving average price is $31.88 and its 200-day moving average price is $30.49.

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.