TrueWealth Advisors LLC Sells 19,547 Shares of Schwab US Dividend Equity ETF $SCHD

TrueWealth Advisors LLC trimmed its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 171,894 shares of the company’s stock after selling 19,547 shares during the period. Schwab US Dividend Equity ETF accounts for about 1.2% of TrueWealth Advisors LLC’s portfolio, making the stock its 15th biggest holding. TrueWealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,715,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Biltmore Family Office LLC raised its stake in Schwab US Dividend Equity ETF by 116.4% in the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after acquiring an additional 524 shares during the period. Triumph Capital Management acquired a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at $33,000. KERR FINANCIAL PLANNING Corp bought a new position in Schwab US Dividend Equity ETF during the third quarter worth $35,000. Reyes Financial Architecture Inc. boosted its position in Schwab US Dividend Equity ETF by 1,903.1% during the third quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock worth $36,000 after purchasing an additional 1,237 shares during the period. Finally, Turning Point Benefit Group Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at $36,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $30.39 on Friday. The firm has a market capitalization of $79.93 billion, a PE ratio of 14.57 and a beta of 0.77. The company’s 50-day moving average is $30.57 and its 200-day moving average is $28.44. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $31.95.

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.