Zhang Financial LLC Reduces Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Zhang Financial LLC trimmed its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 72,301 shares of the company’s stock after selling 2,427 shares during the period. Zhang Financial LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,022,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Ritter Daniher Financial Advisory LLC DE lifted its position in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock valued at $27,000 after acquiring an additional 650 shares during the period. PFG Private Wealth Management LLC lifted its position in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after acquiring an additional 686 shares during the period. Moisand Fitzgerald Tamayo LLC lifted its position in Schwab US Dividend Equity ETF by 294.3% during the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock valued at $28,000 after acquiring an additional 777 shares during the period. Mountain Hill Investment Partners Corp. purchased a new position in Schwab US Dividend Equity ETF during the 4th quarter valued at about $29,000. Finally, Morton Brown Family Wealth LLC lifted its position in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Morton Brown Family Wealth LLC now owns 1,152 shares of the company’s stock valued at $31,000 after acquiring an additional 768 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $26.86 on Thursday. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.72. The stock has a market cap of $69.84 billion, a P/E ratio of 15.93 and a beta of 0.82. The firm has a 50-day moving average of $25.86 and a 200 day moving average of $27.22.

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.