Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Sold by Reitz Capital Advisors LLC

Reitz Capital Advisors LLC trimmed its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.2% in the 4th quarter, HoldingsChannel reports. The firm owned 178,805 shares of the company’s stock after selling 3,996 shares during the period. Schwab US Dividend Equity ETF makes up 24.1% of Reitz Capital Advisors LLC’s investment portfolio, making the stock its biggest position. Reitz Capital Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $13,612,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Bridge Advisory LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at about $881,000. Gemmer Asset Management LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 4.3% in the 4th quarter. Gemmer Asset Management LLC now owns 4,630 shares of the company’s stock valued at $352,000 after purchasing an additional 192 shares during the last quarter. AHL Investment Management Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 82.3% in the 4th quarter. AHL Investment Management Inc. now owns 41,006 shares of the company’s stock valued at $3,122,000 after purchasing an additional 18,516 shares during the last quarter. Fiduciary Alliance LLC raised its stake in Schwab US Dividend Equity ETF by 263.7% during the 4th quarter. Fiduciary Alliance LLC now owns 42,634 shares of the company’s stock valued at $3,246,000 after acquiring an additional 30,911 shares during the last quarter. Finally, Powers Advisory Group LLC raised its stake in Schwab US Dividend Equity ETF by 6.7% during the 4th quarter. Powers Advisory Group LLC now owns 172,758 shares of the company’s stock valued at $13,152,000 after acquiring an additional 10,780 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.7 %

SCHD traded down $0.52 on Tuesday, hitting $78.88. 4,877,584 shares of the company traded hands, compared to its average volume of 3,691,329. The company has a 50 day moving average of $77.62 and a 200-day moving average of $74.18. The stock has a market capitalization of $51.92 billion, a PE ratio of 14.38 and a beta of 0.88. Schwab US Dividend Equity ETF has a 12-month low of $66.67 and a 12-month high of $80.05.

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.