J.W. Cole Advisors Inc. Sells 37,967 Shares of Schwab US Dividend Equity ETF $SCHD

J.W. Cole Advisors Inc. lowered its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 19.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 159,928 shares of the company’s stock after selling 37,967 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $4,387,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of SCHD. Argent Advisors Inc. bought a new position in Schwab US Dividend Equity ETF in the 4th quarter worth approximately $649,000. Vista Cima Wealth Management LLC raised its position in Schwab US Dividend Equity ETF by 6.2% in the 4th quarter. Vista Cima Wealth Management LLC now owns 167,649 shares of the company’s stock worth $4,599,000 after purchasing an additional 9,844 shares during the last quarter. Vise Technologies Inc. raised its position in Schwab US Dividend Equity ETF by 759.1% in the 4th quarter. Vise Technologies Inc. now owns 102,454 shares of the company’s stock worth $2,810,000 after purchasing an additional 90,528 shares during the last quarter. Ted Buchan & Co raised its position in Schwab US Dividend Equity ETF by 13.5% in the 4th quarter. Ted Buchan & Co now owns 29,088 shares of the company’s stock worth $798,000 after purchasing an additional 3,456 shares during the last quarter. Finally, Verus Capital Partners LLC raised its position in Schwab US Dividend Equity ETF by 0.4% in the 4th quarter. Verus Capital Partners LLC now owns 375,537 shares of the company’s stock worth $10,301,000 after purchasing an additional 1,611 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $32.30 on Friday. The company has a 50 day moving average price of $31.49 and a 200 day moving average price of $30.05. Schwab US Dividend Equity ETF has a fifty-two week low of $26.16 and a fifty-two week high of $32.91. The stock has a market capitalization of $91.69 billion, a PE ratio of 14.57 and a beta of 0.67.

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.