Bouchey Financial Group Ltd Cuts Stock Position in Schwab US Dividend Equity ETF $SCHD

Bouchey Financial Group Ltd trimmed its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 18.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,536,062 shares of the company’s stock after selling 559,812 shares during the period. Schwab US Dividend Equity ETF makes up about 5.2% of Bouchey Financial Group Ltd’s holdings, making the stock its 8th largest holding. Bouchey Financial Group Ltd’s holdings in Schwab US Dividend Equity ETF were worth $69,564,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. First Command Advisory Services Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 7.6% during the 3rd quarter. First Command Advisory Services Inc. now owns 1,107,033 shares of the company’s stock worth $30,222,000 after purchasing an additional 77,785 shares in the last quarter. BG Investment Services Inc. increased its holdings in Schwab US Dividend Equity ETF by 82.8% during the third quarter. BG Investment Services Inc. now owns 62,076 shares of the company’s stock worth $1,695,000 after buying an additional 28,109 shares during the last quarter. DMKC Advisory Services LLC increased its holdings in Schwab US Dividend Equity ETF by 10.6% during the third quarter. DMKC Advisory Services LLC now owns 219,680 shares of the company’s stock worth $5,997,000 after buying an additional 20,989 shares during the last quarter. Insight Inv LLC bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth $682,000. Finally, JPMorgan Chase & Co. raised its position in Schwab US Dividend Equity ETF by 2.1% during the third quarter. JPMorgan Chase & Co. now owns 4,616,851 shares of the company’s stock worth $126,040,000 after acquiring an additional 95,857 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $30.56 on Friday. The company has a fifty day moving average price of $30.87 and a two-hundred day moving average price of $28.63. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $31.95. The stock has a market cap of $80.38 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.