Members Advisory Group LLC Has $682,000 Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Members Advisory Group LLC lowered its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 90.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 24,946 shares of the company’s stock after selling 223,631 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 0.3% of Members Advisory Group LLC’s investment portfolio, making the stock its 24th biggest holding. Members Advisory Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $682,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of SCHD. Sumitomo Life Insurance Co. grew its holdings in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after purchasing an additional 17,880,000 shares during the period. Wealthspire Advisors LLC grew its holdings in Schwab US Dividend Equity ETF by 195.8% during the fourth quarter. Wealthspire Advisors LLC now owns 15,144,112 shares of the company’s stock valued at $413,737,000 after purchasing an additional 10,024,156 shares during the period. Orgel Wealth Management LLC grew its holdings in Schwab US Dividend Equity ETF by 159.8% during the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock valued at $302,220,000 after purchasing an additional 6,804,908 shares during the period. Cassaday & Co Wealth Management LLC grew its holdings in Schwab US Dividend Equity ETF by 210.2% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 5,755,912 shares of the company’s stock valued at $157,252,000 after purchasing an additional 3,900,238 shares during the period. Finally, Strategic Financial Concepts LLC grew its holdings in Schwab US Dividend Equity ETF by 9,346.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 3,576,526 shares of the company’s stock valued at $97,711,000 after purchasing an additional 3,538,664 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $28.21 on Friday. The stock has a market cap of $69.11 billion, a P/E ratio of 17.48 and a beta of 0.88. The firm has a 50 day moving average price of $27.69 and a 200 day moving average price of $28.03. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week high of $29.72.

Schwab US Dividend Equity ETF Company 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.