Strategic Investment Solutions Inc. IL Reduces Holdings in Schwab US Dividend Equity ETF $SCHD

Strategic Investment Solutions Inc. IL trimmed its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 15.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 120,268 shares of the company’s stock after selling 21,721 shares during the period. Schwab US Dividend Equity ETF comprises 0.8% of Strategic Investment Solutions Inc. IL’s investment portfolio, making the stock its 27th largest position. Strategic Investment Solutions Inc. IL’s holdings in Schwab US Dividend Equity ETF were worth $3,299,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in SCHD. Sumitomo Life Insurance Co. purchased a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $847,665,000. Cassaday & Co Wealth Management LLC lifted its position in Schwab US Dividend Equity ETF by 52.2% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock valued at $253,570,000 after acquiring an additional 3,170,728 shares in the last quarter. Cibc World Market Inc. boosted its stake in Schwab US Dividend Equity ETF by 31.8% during the 4th quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock valued at $192,634,000 after purchasing an additional 1,694,144 shares during the last quarter. Keudell Morrison Wealth Management purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at $43,773,000. Finally, Evergreen Advisors LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter worth $41,630,000.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $31.86 on Friday. Schwab US Dividend Equity ETF has a 1-year low of $26.16 and a 1-year high of $32.92. The business has a fifty day moving average price of $31.82 and a 200-day moving average price of $30.40. The stock has a market capitalization of $90.44 billion, a P/E 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.