Hamel Associates Inc. Lowers Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Hamel Associates Inc. lowered its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 30.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 70,128 shares of the company’s stock after selling 30,402 shares during the period. Hamel Associates Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,924,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Mountain Hill Investment Partners Corp. grew its position in Schwab US Dividend Equity ETF by 1,241.8% during the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after acquiring an additional 832 shares during the period. Merrithew & Thorsten Inc purchased a new stake in Schwab US Dividend Equity ETF during the fourth quarter valued at about $25,000. Field & Main Bank purchased a new stake in Schwab US Dividend Equity ETF during the fourth quarter valued at about $29,000. Dynamic Wealth Strategies LLC purchased a new stake in Schwab US Dividend Equity ETF during the fourth quarter valued at about $29,000. Finally, Triumph Capital Management purchased a new stake in Schwab US Dividend Equity ETF during the third quarter valued at about $33,000.

Schwab US Dividend Equity ETF Trading Down 0.4%

SCHD stock opened at $32.26 on Thursday. Schwab US Dividend Equity ETF has a 12-month low of $26.16 and a 12-month high of $32.91. The stock has a 50-day moving average price of $31.60 and a two-hundred day moving average price of $30.19. The company has a market cap of $91.58 billion, a PE ratio of 14.57 and a beta of 0.67.

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.