Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stake Lessened by Members Advisory Group LLC

Members Advisory Group LLC lessened its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 301,823 shares of the company’s stock after selling 7,678 shares during the quarter. Schwab US Dividend Equity ETF comprises 13.5% of Members Advisory Group LLC’s portfolio, making the stock its 2nd largest position. Members Advisory Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $22,978,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC lifted its holdings in Schwab US Dividend Equity ETF by 4.7% during the 3rd quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock valued at $797,645,000 after buying an additional 503,970 shares in the last quarter. Charles Schwab Investment Advisory Inc. raised its position in Schwab US Dividend Equity ETF by 0.5% during the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 9,680,868 shares of the company’s stock worth $737,004,000 after acquiring an additional 45,013 shares during the period. Avantax Advisory Services Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 3.7% during the third quarter. Avantax Advisory Services Inc. now owns 7,458,984 shares of the company’s stock worth $527,798,000 after buying an additional 266,516 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 2.6% during the third quarter. Envestnet Asset Management Inc. now owns 5,778,626 shares of the company’s stock worth $408,896,000 after buying an additional 145,168 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Schwab US Dividend Equity ETF by 2.2% in the third quarter. JPMorgan Chase & Co. now owns 4,349,008 shares of the company’s stock valued at $307,736,000 after purchasing an additional 95,086 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.2 %

NYSEARCA SCHD traded up $0.12 during trading hours on Friday, reaching $78.10. The company had a trading volume of 2,385,698 shares, compared to its average volume of 3,422,232. The stock has a market capitalization of $54.79 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. The stock has a 50-day moving average of $78.56 and a 200 day moving average of $76.41.

About Schwab US Dividend Equity ETF

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.