SVB Wealth LLC Lowers Stock Holdings in Schwab US Dividend Equity ETF $SCHD

SVB Wealth LLC lowered its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 32.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 36,749 shares of the company’s stock after selling 17,308 shares during the period. SVB Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,008,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Mountain Hill Investment Partners Corp. boosted its holdings 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 worth $25,000 after buying an additional 832 shares during the period. Merrithew & Thorsten Inc bought a new position in Schwab US Dividend Equity ETF in the 4th quarter worth $25,000. Biltmore Family Office LLC boosted its holdings in Schwab US Dividend Equity ETF by 116.4% in the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after buying an additional 524 shares during the period. Field & Main Bank bought a new position in Schwab US Dividend Equity ETF in the 4th quarter worth $29,000. Finally, Dynamic Wealth Strategies LLC bought a new position in Schwab US Dividend Equity ETF in the 4th quarter worth $29,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $31.75 on Tuesday. The company has a market capitalization of $90.13 billion, a P/E ratio of 14.57 and a beta of 0.68. The company has a fifty day moving average of $31.00 and a 200 day moving average of $29.35. Schwab US Dividend Equity ETF has a fifty-two week low of $25.69 and a fifty-two week high of $32.13.

Schwab US Dividend Equity ETF Profile

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.