Centricity Wealth Management LLC Reduces Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Centricity Wealth Management LLC lowered its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 25.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 29,805 shares of the company’s stock after selling 9,942 shares during the period. Schwab US Dividend Equity ETF comprises about 0.8% of Centricity Wealth Management LLC’s investment portfolio, making the stock its 26th biggest holding. Centricity Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $833,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of SCHD. Ritter Daniher Financial Advisory LLC DE boosted its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock worth $27,000 after acquiring an additional 650 shares during the last quarter. Moisand Fitzgerald Tamayo LLC raised its holdings in Schwab US Dividend Equity ETF by 294.3% in the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after purchasing an additional 777 shares during the period. PFG Private Wealth Management LLC lifted its position in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after purchasing an additional 686 shares in the last quarter. Mountain Hill Investment Partners Corp. purchased a new position in Schwab US Dividend Equity ETF during the fourth quarter valued at $29,000. Finally, Morton Brown Family Wealth LLC grew its holdings in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Morton Brown Family Wealth LLC now owns 1,152 shares of the company’s stock valued at $31,000 after purchasing an additional 768 shares during the period.

Schwab US Dividend Equity ETF Trading Up 1.2%

NYSEARCA SCHD opened at $26.54 on Monday. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $29.72. The stock has a market cap of $69.00 billion, a price-to-earnings ratio of 15.93 and a beta of 0.82. The company’s 50 day moving average is $25.85 and its two-hundred day moving average is $27.25.

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.