Freestone Capital Holdings LLC Sells 10,003 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Freestone Capital Holdings LLC cut its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 43.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,924 shares of the company’s stock after selling 10,003 shares during the period. Freestone Capital Holdings LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,042,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Gemmer Asset Management LLC boosted its stake in Schwab US Dividend Equity ETF by 4.3% in the 4th quarter. Gemmer Asset Management LLC now owns 4,630 shares of the company’s stock valued at $352,000 after buying an additional 192 shares in the last quarter. Bridge Advisory LLC acquired a new position in Schwab US Dividend Equity ETF in the fourth quarter worth $881,000. O Connor Financial Group LLC boosted its stake in Schwab US Dividend Equity ETF by 11.1% in the fourth quarter. O Connor Financial Group LLC now owns 63,922 shares of the company’s stock worth $4,866,000 after purchasing an additional 6,405 shares in the last quarter. IFG Advisory LLC boosted its stake in Schwab US Dividend Equity ETF by 9.6% in the fourth quarter. IFG Advisory LLC now owns 75,531 shares of the company’s stock worth $5,750,000 after purchasing an additional 6,605 shares in the last quarter. Finally, DDD Partners LLC boosted its stake in Schwab US Dividend Equity ETF by 12,161.9% in the fourth quarter. DDD Partners LLC now owns 488,148 shares of the company’s stock worth $37,163,000 after purchasing an additional 484,167 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock traded up $1.26 on Friday, reaching $82.44. The company’s stock had a trading volume of 1,839,713 shares, compared to its average volume of 3,271,662. The company has a market cap of $57.83 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The business’s fifty day moving average price is $78.49 and its 200 day moving average price is $78.04. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $82.94.

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.