Lodestar Private Asset Management LLC Trims Holdings in Schwab US Dividend Equity ETF $SCHD

Lodestar Private Asset Management LLC trimmed its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 17.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 643,067 shares of the company’s stock after selling 133,255 shares during the quarter. Schwab US Dividend Equity ETF comprises about 1.9% of Lodestar Private Asset Management LLC’s investment portfolio, making the stock its 14th biggest holding. Lodestar Private Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $19,729,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Brighton Jones LLC boosted its position in shares of Schwab US Dividend Equity ETF by 404.6% in the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after purchasing an additional 84,262 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Schwab US Dividend Equity ETF by 206.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after buying an additional 51,696 shares during the last quarter. Bison Wealth LLC increased its position in Schwab US Dividend Equity ETF by 234.4% during the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after buying an additional 309,400 shares in the last quarter. Goldman Sachs Group Inc. increased its position in Schwab US Dividend Equity ETF by 35.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after buying an additional 155,769 shares in the last quarter. Finally, United Bank raised its stake in Schwab US Dividend Equity ETF by 5.0% during the second quarter. United Bank now owns 195,713 shares of the company’s stock valued at $5,186,000 after buying an additional 9,351 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $32.39 on Friday. The business’s fifty day simple moving average is $32.06 and its two-hundred day simple moving average is $30.72. Schwab US Dividend Equity ETF has a 12 month low of $26.21 and a 12 month high of $32.92. The company has a market capitalization of $97.46 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

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.