Schwab US Dividend Equity ETF $SCHD Shares Sold by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. decreased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 484,663 shares of the company’s stock after selling 37,915 shares during the period. Schwab US Dividend Equity ETF accounts for 0.9% of Koshinski Asset Management Inc.’s holdings, making the stock its 21st largest position. Koshinski Asset Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $13,294,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC lifted its holdings in Schwab US Dividend Equity ETF by 404.6% in the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after acquiring an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in Schwab US Dividend Equity ETF by 206.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after acquiring an additional 51,696 shares during the last quarter. Bison Wealth LLC raised its position in Schwab US Dividend Equity ETF by 234.4% in the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after purchasing an additional 309,400 shares during the period. Goldman Sachs Group Inc. raised its position in Schwab US Dividend Equity ETF by 35.6% in the first quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after purchasing an additional 155,769 shares during the period. Finally, United Bank lifted its stake in shares of Schwab US Dividend Equity ETF by 5.0% in the 2nd quarter. United Bank now owns 195,713 shares of the company’s stock valued at $5,186,000 after purchasing an additional 9,351 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.4%

NYSEARCA SCHD opened at $31.54 on Friday. The stock has a fifty day simple moving average of $30.99 and a 200-day simple moving average of $29.28. The stock has a market cap of $89.53 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a twelve month low of $25.65 and a twelve month high of $32.13.

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.