Winthrop Advisory Group LLC Cuts Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Winthrop Advisory Group LLC trimmed its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 126,276 shares of the company’s stock after selling 3,418 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 1.5% of Winthrop Advisory Group LLC’s portfolio, making the stock its 15th largest holding. Winthrop Advisory Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $10,182,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. CRA Financial Services LLC boosted its holdings in Schwab US Dividend Equity ETF by 7.7% during the 1st quarter. CRA Financial Services LLC now owns 323,623 shares of the company’s stock worth $26,094,000 after acquiring an additional 23,127 shares during the last quarter. Vicus Capital boosted its holdings in Schwab US Dividend Equity ETF by 9.5% during the 1st quarter. Vicus Capital now owns 10,915 shares of the company’s stock worth $880,000 after acquiring an additional 949 shares during the last quarter. Private Ocean LLC boosted its holdings in Schwab US Dividend Equity ETF by 29.2% during the 1st quarter. Private Ocean LLC now owns 33,296 shares of the company’s stock worth $2,685,000 after acquiring an additional 7,531 shares during the last quarter. Trinity Financial Advisors LLC boosted its holdings in Schwab US Dividend Equity ETF by 11.3% during the 1st quarter. Trinity Financial Advisors LLC now owns 123,503 shares of the company’s stock worth $9,958,000 after acquiring an additional 12,491 shares during the last quarter. Finally, Grimes & Company Inc. boosted its holdings in Schwab US Dividend Equity ETF by 5.7% during the 1st quarter. Grimes & Company Inc. now owns 3,408 shares of the company’s stock worth $275,000 after acquiring an additional 183 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD traded up $0.49 during mid-day trading on Friday, reaching $77.76. 3,536,614 shares of the stock were exchanged, compared to its average volume of 3,305,000. The stock has a market capitalization of $54.55 billion, a PE ratio of 15.04 and a beta of 0.74. The company has a 50 day moving average price of $78.12 and a two-hundred day moving average price of $77.60. 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 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.