Schwab US Dividend Equity ETF $SCHD is Retirement Financial Solutions LLC’s 8th Largest Position

Retirement Financial Solutions LLC cut its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 470,475 shares of the company’s stock after selling 16,944 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 4.1% of Retirement Financial Solutions LLC’s portfolio, making the stock its 8th largest holding. Retirement Financial Solutions LLC’s holdings in Schwab US Dividend Equity ETF were worth $14,434,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Elmwood Wealth Management Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter worth about $1,003,000. Bell Bank grew its position in shares of Schwab US Dividend Equity ETF by 53.3% in the fourth quarter. Bell Bank now owns 104,155 shares of the company’s stock valued at $2,857,000 after purchasing an additional 36,212 shares during the period. Aspire Capital Advisors LLC increased its stake in shares of 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 purchasing an additional 30,146 shares in the last quarter. BIP Wealth LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $1,589,000. Finally, Rockefeller Capital Management L.P. raised its position in shares of Schwab US Dividend Equity ETF by 18.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 523,834 shares of the company’s stock worth $14,369,000 after purchasing an additional 82,981 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $32.39 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $26.21 and a twelve month high of $32.92. The firm has a market capitalization of $97.86 billion, a PE ratio of 14.57 and a beta of 0.68. The firm’s 50-day moving average price is $32.06 and its 200 day moving average price is $30.72.

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.