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

Smithbridge Asset Management Inc. DE lessened its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 45.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 426,520 shares of the company’s stock after selling 354,408 shares during the period. Schwab US Dividend Equity ETF makes up 1.9% of Smithbridge Asset Management Inc. DE’s portfolio, making the stock its 15th biggest position. Smithbridge Asset Management Inc. DE’s holdings in Schwab US Dividend Equity ETF were worth $13,086,000 at the end of the most recent quarter.

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

Schwab US Dividend Equity ETF Stock Up 0.4%

SCHD opened at $31.85 on Thursday. Schwab US Dividend Equity ETF has a 52-week low of $26.21 and a 52-week high of $32.92. The company has a 50 day moving average of $32.01 and a two-hundred day moving average of $30.67. The company has a market cap of $95.84 billion, a P/E ratio of 14.57 and a beta of 0.68.

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.