Princeton Global Asset Management LLC lowered its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 35.4% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 66,534 shares of the company’s stock after selling 36,390 shares during the period. Princeton Global Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,041,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also modified their holdings of the stock. Mountain Hill Investment Partners Corp. grew its holdings in Schwab US Dividend Equity ETF by 1,241.8% during the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after acquiring an additional 832 shares during the period. Merrithew & Thorsten Inc purchased a new stake in Schwab US Dividend Equity ETF in the 4th quarter worth approximately $25,000. Field & Main Bank purchased a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $29,000. Dynamic Wealth Strategies LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $29,000. Finally, Triumph Capital Management purchased a new stake in Schwab US Dividend Equity ETF during the third quarter worth $33,000.
Schwab US Dividend Equity ETF Stock Performance
SCHD opened at $32.09 on Monday. The company has a fifty day moving average of $31.96 and a two-hundred day moving average of $30.58. Schwab US Dividend Equity ETF has a fifty-two week low of $26.21 and a fifty-two week high of $32.92. The stock has a market capitalization of $91.09 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67.
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.
Featured Stories
- Five stocks we like better than Schwab US Dividend Equity ETF
- As Stablecoins Keep Growing, These 2 Stocks Benefit
- Apple Just Handed These 4 Memory Stocks Their Best News of the Year
- Costco’s Secret Growth Engine May Be Running Out of Gas
- Why Alphabet’s Pullback May Be an Opportunity in Disguise
Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report).
Receive News & Ratings for Schwab US Dividend Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Dividend Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
