Brookstone Capital Management Sells 75,541 Shares of Schwab US Dividend Equity ETF $SCHD

Brookstone Capital Management cut its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 11.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 611,138 shares of the company’s stock after selling 75,541 shares during the quarter. Brookstone Capital Management’s holdings in Schwab US Dividend Equity ETF were worth $16,764,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of SCHD. Rakuten Investment Management Inc. bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $1,127,144,000. Sumitomo Life Insurance Co. acquired a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $847,665,000. Osaic Holdings Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 12.1% during the 2nd quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock worth $298,684,000 after purchasing an additional 1,217,005 shares in the last quarter. Avantax Planning Partners Inc. boosted its holdings in Schwab US Dividend Equity ETF by 3.0% in the third quarter. Avantax Planning Partners Inc. now owns 9,739,675 shares of the company’s stock worth $265,893,000 after acquiring an additional 280,277 shares in the last quarter. Finally, Cerity Partners LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 18.0% in the 3rd quarter. Cerity Partners LLC now owns 6,599,938 shares of the company’s stock worth $180,178,000 after purchasing an additional 1,005,469 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $30.48 on Tuesday. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $31.95. The stock has a market capitalization of $80.17 billion, a P/E ratio of 14.57 and a beta of 0.77. The company has a 50-day moving average price of $30.77 and a 200-day moving average price of $28.58.

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.