Schwab US Dividend Equity ETF $SCHD is Scott Capital Advisors LLC’s 2nd Largest Position

Scott Capital Advisors LLC lessened its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,764,850 shares of the company’s stock after selling 118,563 shares during the quarter. Schwab US Dividend Equity ETF accounts for 10.7% of Scott Capital Advisors LLC’s portfolio, making the stock its 2nd largest position. Scott Capital Advisors LLC owned 0.07% of Schwab US Dividend Equity ETF worth $48,410,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in SCHD. First Heartland Consultants Inc. grew its position in shares of Schwab US Dividend Equity ETF by 1.9% during the fourth quarter. First Heartland Consultants Inc. now owns 125,858 shares of the company’s stock worth $3,452,000 after buying an additional 2,372 shares in the last quarter. PTM Wealth Management LLC raised its holdings in Schwab US Dividend Equity ETF by 35.1% in the fourth quarter. PTM Wealth Management LLC now owns 15,762 shares of the company’s stock valued at $440,000 after acquiring an additional 4,093 shares in the last quarter. Sunflower Bank N.A. raised its holdings in Schwab US Dividend Equity ETF by 3.0% in the fourth quarter. Sunflower Bank N.A. now owns 14,501 shares of the company’s stock valued at $398,000 after acquiring an additional 419 shares in the last quarter. Cambridge Financial Group LLC boosted its stake in Schwab US Dividend Equity ETF by 3.6% during the 4th quarter. Cambridge Financial Group LLC now owns 132,738 shares of the company’s stock valued at $3,646,000 after acquiring an additional 4,570 shares during the last quarter. Finally, Friday Financial boosted its stake in Schwab US Dividend Equity ETF by 18.7% during the 4th quarter. Friday Financial now owns 325,574 shares of the company’s stock valued at $8,930,000 after acquiring an additional 51,278 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $30.64 on Wednesday. The company has a 50-day moving average of $30.65 and a 200-day moving average of $28.49. The company has a market capitalization of $80.59 billion, a P/E ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $31.95.

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.