CoreCap Advisors LLC Has $2.78 Million Position in Schwab US Dividend Equity ETF $SCHD

CoreCap Advisors LLC lessened its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 49.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 87,675 shares of the company’s stock after selling 86,813 shares during the quarter. CoreCap Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,780,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Mountain Hill Investment Partners Corp. increased its position in Schwab US Dividend Equity ETF by 1,241.8% in the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after acquiring an additional 832 shares during the period. Merrithew & Thorsten Inc acquired a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter worth $25,000. Field & Main Bank bought a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth $29,000. Dynamic Wealth Strategies LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth $29,000. Finally, Ashton Thomas Securities LLC acquired a new stake in Schwab US Dividend Equity ETF in the first quarter valued at $32,000.

Schwab US Dividend Equity ETF Stock Down 0.6%

Shares of NYSEARCA:SCHD opened at $33.64 on Thursday. The firm has a market cap of $104.51 billion, a P/E ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 12-month low of $26.32 and a 12-month high of $34.24. The business has a fifty day simple moving average of $32.57 and a 200 day simple moving average of $31.56.

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.