Synergy Investment Management LLC Lowers Stock Position in Schwab US Dividend Equity ETF $SCHD

Synergy Investment Management LLC cut its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 20.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 81,136 shares of the company’s stock after selling 20,499 shares during the quarter. Synergy Investment Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,226,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Colorado Capital Management Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 0.9% during the 4th quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock valued at $1,060,000 after buying an additional 362 shares in the last quarter. Westside Investment Management Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 5.6% in the third quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock valued at $198,000 after acquiring an additional 383 shares in the last quarter. International Private Wealth Advisors LLC lifted its position in shares of Schwab US Dividend Equity ETF by 3.3% in the fourth quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock valued at $340,000 after acquiring an additional 397 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its position in shares of Schwab US Dividend Equity ETF by 3.4% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 12,384 shares of the company’s stock worth $339,000 after purchasing an additional 402 shares in the last quarter. Finally, Archer Investment Corp raised its stake in Schwab US Dividend Equity ETF by 5.0% during the 4th quarter. Archer Investment Corp now owns 8,534 shares of the company’s stock valued at $234,000 after purchasing an additional 404 shares during the period.

Schwab US Dividend Equity ETF Trading Up 1.0%

NYSEARCA SCHD opened at $32.04 on Tuesday. Schwab US Dividend Equity ETF has a 12 month low of $25.69 and a 12 month high of $32.13. The stock has a market cap of $90.95 billion, a PE ratio of 14.57 and a beta of 0.68. The stock’s 50 day moving average is $31.02 and its 200 day moving average is $29.52.

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.