Opes Wealth Management LLC Trims Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Opes Wealth Management LLC cut its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 25.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 19,542 shares of the company’s stock after selling 6,658 shares during the quarter. Opes Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,488,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. O Shaughnessy Asset Management LLC increased its position in shares of Schwab US Dividend Equity ETF by 115.2% during the first quarter. O Shaughnessy Asset Management LLC now owns 353 shares of the company’s stock worth $26,000 after acquiring an additional 189 shares during the period. Raleigh Capital Management Inc. bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $28,000. Bear Mountain Capital Inc. bought a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $34,000. Howe & Rusling Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 209.8% during the third quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock valued at $36,000 after purchasing an additional 344 shares in the last quarter. Finally, BlackRock Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 464.5% during the second quarter. BlackRock Inc. now owns 525 shares of the company’s stock valued at $38,000 after purchasing an additional 432 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.0 %

Shares of NYSEARCA SCHD traded up $0.01 during midday trading on Thursday, reaching $75.82. 2,609,812 shares of the company’s stock traded hands, compared to its average volume of 3,675,388. The stock’s 50 day simple moving average is $78.25 and its 200-day simple moving average is $74.86. Schwab US Dividend Equity ETF has a one year low of $66.67 and a one year high of $80.82. The company has a market cap of $53.13 billion, a price-to-earnings ratio of 15.00 and a beta of 0.79.

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.