Schwab US Dividend Equity ETF $SCHD Shares Sold by Parallel Advisors LLC

Parallel Advisors LLC decreased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 439,958 shares of the company’s stock after selling 53,237 shares during the period. Parallel Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $12,068,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SCHD. Mountain Hill Investment Partners Corp. increased its position in Schwab US Dividend Equity ETF by 1,241.8% during the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after purchasing an additional 832 shares during the period. Merrithew & Thorsten Inc acquired a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter worth approximately $25,000. Field & Main Bank acquired a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter worth approximately $29,000. Dynamic Wealth Strategies LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter worth approximately $29,000. Finally, Triumph Capital Management acquired a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $33,000.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $32.59 on Friday. The stock has a market cap of $92.51 billion, a P/E ratio of 14.57 and a beta of 0.67. The stock’s 50 day simple moving average is $31.46 and its 200 day simple moving average is $30.03. Schwab US Dividend Equity ETF has a 1-year low of $26.16 and a 1-year high of $32.91.

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.