Elite Financial Inc. Lowers Position in Schwab US Dividend Equity ETF $SCHD

Elite Financial Inc. reduced its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 708,445 shares of the company’s stock after selling 22,303 shares during the period. Schwab US Dividend Equity ETF makes up about 8.7% of Elite Financial Inc.’s holdings, making the stock its 3rd largest holding. Elite Financial Inc.’s holdings in Schwab US Dividend Equity ETF were worth $18,965,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Ellis Investment Partners LLC lifted its holdings in Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock worth $938,000 after purchasing an additional 375 shares in the last quarter. Harbor Group Inc. grew its holdings in Schwab US Dividend Equity ETF by 4.8% during the 3rd quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock valued at $230,000 after buying an additional 383 shares in the last quarter. Westside Investment Management Inc. grew its holdings in Schwab US Dividend Equity ETF by 5.6% during the 3rd quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock valued at $198,000 after buying an additional 383 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its position in shares of Schwab US Dividend Equity ETF by 3.4% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 12,384 shares of the company’s stock valued at $339,000 after buying an additional 402 shares during the period. Finally, Harbor Investment Advisory LLC increased its position in shares of Schwab US Dividend Equity ETF by 2.9% during the third quarter. Harbor Investment Advisory LLC now owns 14,432 shares of the company’s stock valued at $394,000 after buying an additional 410 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.1%

Shares of Schwab US Dividend Equity ETF stock opened at $30.80 on Friday. The company’s 50-day moving average price is $30.32 and its 200-day moving average price is $28.34. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $31.95. The company has a market cap of $81.01 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

Schwab US Dividend Equity ETF Company 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.