CCG Wealth Management LLC Sells 11,268 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

CCG Wealth Management LLC trimmed its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 43.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,727 shares of the company’s stock after selling 11,268 shares during the quarter. Schwab US Dividend Equity ETF comprises about 0.7% of CCG Wealth Management LLC’s investment portfolio, making the stock its 24th biggest position. CCG Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,187,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Sumitomo Life Insurance Co. bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $228,390,000. Focus Financial Network Inc. ADV purchased a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter worth $95,831,000. International Assets Investment Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter worth about $89,561,000. DDD Partners LLC raised its position in shares of Schwab US Dividend Equity ETF by 12,161.9% during the 4th quarter. DDD Partners LLC now owns 488,148 shares of the company’s stock valued at $37,163,000 after buying an additional 484,167 shares in the last quarter. Finally, Burkett Financial Services LLC bought a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at about $36,856,000.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD traded down $0.35 during trading on Monday, hitting $77.41. The company had a trading volume of 5,535,877 shares, compared to its average volume of 3,322,866. The stock has a market cap of $54.30 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The company has a fifty day simple moving average of $78.12 and a two-hundred day simple moving average of $77.62. Schwab US Dividend Equity ETF has a one year low of $66.67 and a one year high of $80.82.

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.