Csenge Advisory Group Cuts Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Csenge Advisory Group reduced its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 13.2% during the 4th quarter, HoldingsChannel reports. The firm owned 121,699 shares of the company’s stock after selling 18,534 shares during the quarter. Csenge Advisory Group’s holdings in Schwab US Dividend Equity ETF were worth $3,338,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in SCHD. Brighton Jones LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 404.6% during the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after purchasing an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 206.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after purchasing an additional 51,696 shares during the last quarter. Bison Wealth LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 234.4% during the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after purchasing an additional 309,400 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 35.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock worth $16,579,000 after purchasing an additional 155,769 shares during the last quarter. Finally, United Bank boosted its holdings in shares of Schwab US Dividend Equity ETF by 5.0% during the 2nd quarter. United Bank now owns 195,713 shares of the company’s stock worth $5,186,000 after purchasing an additional 9,351 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $32.10 on Wednesday. The stock has a market cap of $91.12 billion, a P/E ratio of 14.57 and a beta of 0.68. The stock’s 50 day simple moving average is $31.04 and its 200-day simple moving average is $29.55. Schwab US Dividend Equity ETF has a 1-year low of $25.69 and a 1-year high of $32.19.

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.