Schwab US Dividend Equity ETF $SCHD Shares Sold by Fulcrum Equity Management

Fulcrum Equity Management lowered its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 38.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,574 shares of the company’s stock after selling 29,579 shares during the quarter. Schwab US Dividend Equity ETF makes up about 1.1% of Fulcrum Equity Management’s holdings, making the stock its 17th largest holding. Fulcrum Equity Management’s holdings in Schwab US Dividend Equity ETF were worth $1,477,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. MeadowBrook Investment Advisors LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 3.3% in the first quarter. MeadowBrook Investment Advisors LLC now owns 10,182 shares of the company’s stock worth $312,000 after acquiring an additional 325 shares during the last quarter. Semus Wealth Partners LLC raised its stake in Schwab US Dividend Equity ETF by 0.7% in the 1st quarter. Semus Wealth Partners LLC now owns 51,317 shares of the company’s stock valued at $1,574,000 after purchasing an additional 347 shares during the last quarter. Harmony Asset Management LLC raised its stake in Schwab US Dividend Equity ETF by 3.8% in the 1st quarter. Harmony Asset Management LLC now owns 9,585 shares of the company’s stock valued at $294,000 after purchasing an additional 354 shares during the last quarter. Commonwealth Financial Services LLC lifted its holdings in Schwab US Dividend Equity ETF by 1.8% in the 1st quarter. Commonwealth Financial Services LLC now owns 20,837 shares of the company’s stock valued at $639,000 after purchasing an additional 374 shares in the last quarter. Finally, First Pacific Financial lifted its holdings in Schwab US Dividend Equity ETF by 8.9% in the 1st quarter. First Pacific Financial now owns 4,681 shares of the company’s stock valued at $144,000 after purchasing an additional 383 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.9%

Shares of SCHD opened at $34.19 on Tuesday. Schwab US Dividend Equity ETF has a 52-week low of $26.32 and a 52-week high of $34.24. The stock has a market cap of $106.22 billion, a PE ratio of 14.57 and a beta of 0.67. The firm’s fifty day moving average is $32.66 and its two-hundred day moving average is $31.66.

Schwab US Dividend Equity ETF 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.