Keudell Morrison Wealth Management Sells 65,184 Shares of Schwab US Dividend Equity ETF $SCHD

Keudell Morrison Wealth Management cut its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,530,634 shares of the company’s stock after selling 65,184 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 9.6% of Keudell Morrison Wealth Management’s portfolio, making the stock its biggest holding. Keudell Morrison Wealth Management’s holdings in Schwab US Dividend Equity ETF were worth $46,960,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in SCHD. Elmwood Wealth Management Inc. bought a new position in Schwab US Dividend Equity ETF during the fourth quarter valued at about $1,003,000. Bell Bank raised its holdings in Schwab US Dividend Equity ETF by 53.3% in the 4th quarter. Bell Bank now owns 104,155 shares of the company’s stock valued at $2,857,000 after acquiring an additional 36,212 shares in the last quarter. Aspire Capital Advisors LLC lifted its position in shares of Schwab US Dividend Equity ETF by 2.9% in the 4th quarter. Aspire Capital Advisors LLC now owns 1,063,961 shares of the company’s stock worth $29,184,000 after acquiring an additional 30,146 shares during the period. BIP Wealth LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth approximately $1,589,000. Finally, Freestone Capital Holdings LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 62.7% during the 4th quarter. Freestone Capital Holdings LLC now owns 42,792 shares of the company’s stock worth $1,174,000 after purchasing an additional 16,486 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.4%

Shares of NYSEARCA SCHD opened at $32.02 on Wednesday. The firm has a market capitalization of $90.90 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a one year low of $26.16 and a one year high of $32.92. The business has a fifty day simple moving average of $31.88 and a 200 day simple moving average of $30.49.

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.