Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Position Trimmed by BCGM Wealth Management LLC

BCGM Wealth Management LLC trimmed its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 18.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 148,254 shares of the company’s stock after selling 34,631 shares during the period. Schwab US Dividend Equity ETF accounts for about 4.6% of BCGM Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest holding. BCGM Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $11,287,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of SCHD. Bogart Wealth LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 2.9% during the 4th quarter. Bogart Wealth LLC now owns 4,784 shares of the company’s stock worth $364,000 after acquiring an additional 135 shares in the last quarter. Grey Street Capital LLC grew its holdings in Schwab US Dividend Equity ETF by 1.0% in the fourth quarter. Grey Street Capital LLC now owns 13,599 shares of the company’s stock valued at $1,035,000 after purchasing an additional 136 shares during the last quarter. Zullo Investment Group Inc. increased its position in shares of Schwab US Dividend Equity ETF by 0.5% in the fourth quarter. Zullo Investment Group Inc. now owns 32,014 shares of the company’s stock valued at $2,437,000 after buying an additional 144 shares in the last quarter. StrategIQ Financial Group LLC raised its stake in shares of Schwab US Dividend Equity ETF by 1.0% during the 4th quarter. StrategIQ Financial Group LLC now owns 14,156 shares of the company’s stock worth $1,078,000 after buying an additional 145 shares during the last quarter. Finally, Indie Asset Partners LLC boosted its position in shares of Schwab US Dividend Equity ETF by 0.7% in the 4th quarter. Indie Asset Partners LLC now owns 19,890 shares of the company’s stock worth $1,514,000 after buying an additional 146 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock traded up $0.08 on Friday, reaching $80.08. The company had a trading volume of 2,112,750 shares, compared to its average volume of 3,461,762. The company’s fifty day moving average is $78.55 and its 200 day moving average is $76.19. The company has a market cap of $56.18 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 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.