Sumitomo Mitsui Financial Group Inc. Reduces Stake in Schwab US Dividend Equity ETF $SCHD

Sumitomo Mitsui Financial Group Inc. reduced its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 12.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 110,850 shares of the company’s stock after selling 16,241 shares during the period. Sumitomo Mitsui Financial Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $3,041,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Colorado Capital Management Inc. raised its holdings in Schwab US Dividend Equity ETF by 0.9% in the 4th quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock valued at $1,060,000 after acquiring an additional 362 shares during the last quarter. International Private Wealth Advisors LLC raised its holdings in Schwab US Dividend Equity ETF by 3.3% in the 4th 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 during the last quarter. Archer Investment Corp increased its holdings in shares of 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 worth $234,000 after buying an additional 404 shares during the last quarter. Semus Wealth Partners LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 0.8% during the 4th quarter. Semus Wealth Partners LLC now owns 50,970 shares of the company’s stock worth $1,398,000 after buying an additional 411 shares during the last quarter. Finally, Joel Isaacson & Co. LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 1.0% during the 4th quarter. Joel Isaacson & Co. LLC now owns 42,866 shares of the company’s stock worth $1,176,000 after buying an additional 411 shares during the last quarter.

Schwab US Dividend Equity ETF News Roundup

Here are the key news stories impacting Schwab US Dividend Equity ETF this week:

• Positive Sentiment: Multiple articles argued that SCHD remains a “gold standard” among dividend ETFs, emphasizing its quality screen, stronger performance, and lower risk than higher-yield alternatives. SCHD Vs. PFFA: Ditching The Yield Trap For Schwab’s Gold Standard
• Positive Sentiment: Coverage showing that a $1 million investment in SCHD in 2016 grew to about $2.3 million while also producing substantial dividend income may attract more income-focused investors. Retiring? Buy SCHD. $1m into 2.3m since 2016, $53K/y in dividends. No Reinvestments.
• Positive Sentiment: Another recent piece said SCHD is a good time to buy, noting the ETF has held up relatively well even as broader markets weakened and that it remains near its year-to-date high. SCHD stock: Why it is a good time to buy this dividend ETF
• Neutral Sentiment: Several comparison articles discussed SCHD favorably against VYM and HDV, but these were mainly relative-value debates rather than new fund-specific catalysts. SCHD vs. VYM: Which Dividend ETF Builds a Better Income Stream? HDV: Less Stable Than SCHD With No Dividend Or Quality Advantage
• Negative Sentiment: One Seeking Alpha article argued that dividend ETFs like SCHD still face valuation, earnings, and sector-concentration risk, suggesting the fund is not as defensive as many investors assume. Why The ETF With The Worst Sharpe Ratio Is Our Top Pick

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $32.53 on Friday. The company has a 50 day simple moving average of $31.64 and a 200-day simple moving average of $30.22. The company has a market capitalization of $92.34 billion, a P/E ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 1 year low of $26.16 and a 1 year high of $32.91.

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.