Schwab US Dividend Equity ETF $SCHD Shares Sold by Mariner LLC

Mariner LLC lowered its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,899,443 shares of the company’s stock after selling 354,105 shares during the quarter. Mariner LLC owned 0.26% of Schwab US Dividend Equity ETF worth $189,252,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. raised its position in shares of Schwab US Dividend Equity ETF by 2.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,616,851 shares of the company’s stock worth $126,040,000 after purchasing an additional 95,857 shares during the last quarter. Elmwood Wealth Management Inc. acquired a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at $1,003,000. Bell Bank grew its holdings in Schwab US Dividend Equity ETF by 53.3% during the 4th quarter. Bell Bank now owns 104,155 shares of the company’s stock valued at $2,857,000 after buying an additional 36,212 shares during the last quarter. Aspire Capital Advisors LLC increased its position in Schwab US Dividend Equity ETF by 2.9% during the fourth quarter. Aspire Capital Advisors LLC now owns 1,063,961 shares of the company’s stock worth $29,184,000 after buying an additional 30,146 shares in the last quarter. Finally, BIP Wealth LLC purchased a new position in Schwab US Dividend Equity ETF during the fourth quarter worth $1,589,000.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $32.82 on Monday. Schwab US Dividend Equity ETF has a fifty-two week low of $26.16 and a fifty-two week high of $32.92. The business has a fifty day moving average of $31.68 and a 200-day moving average of $30.26. The stock has a market cap of $93.17 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67.

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.