Sagace Wealth Management LLC Trims Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Sagace Wealth Management LLC reduced its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,244 shares of the company’s stock after selling 3,581 shares during the quarter. Sagace Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,209,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of SCHD. Central Pacific Bank Trust Division grew its position in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after acquiring an additional 604 shares in the last quarter. Kennebec Savings Bank purchased a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth about $31,000. Barrett & Company Inc. bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $34,000. Legacy Investment Solutions LLC purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $34,000. Finally, Cassady Schiller Wealth Management LLC purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $38,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $27.82 on Thursday. The company has a market capitalization of $19.52 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a fifty-two week low of $24.97 and a fifty-two week high of $29.72. The stock has a 50 day moving average price of $28.23 and a two-hundred day moving average price of $27.79.

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.