Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Sold by Columbia Advisory Partners LLC

Columbia Advisory Partners LLC lessened its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 173,866 shares of the company’s stock after selling 7,079 shares during the quarter. Schwab US Dividend Equity ETF makes up about 14.2% of Columbia Advisory Partners LLC’s investment portfolio, making the stock its 2nd largest holding. Columbia Advisory Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $14,019,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Raleigh Capital Management Inc. acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at $28,000. Voisard Asset Management Group Inc. bought a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at about $29,000. Signature Resources Capital Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at about $32,000. Bear Mountain Capital Inc. bought a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at about $34,000. Finally, Venturi Wealth Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at about $44,000.

Schwab US Dividend Equity ETF Stock Down 1.5 %

Schwab US Dividend Equity ETF stock traded down $1.15 during midday trading on Wednesday, hitting $77.43. The company’s stock had a trading volume of 1,532,462 shares, compared to its average volume of 3,295,409. The stock’s 50-day moving average price is $78.04 and its 200-day moving average price is $77.54. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $80.82. The company has a market capitalization of $54.32 billion, a PE ratio of 15.04 and a beta of 0.74.

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.