Commonwealth Retirement Investments LLC Sells 19,470 Shares of Schwab US Dividend Equity ETF $SCHD

Commonwealth Retirement Investments LLC trimmed its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 44.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 24,459 shares of the company’s stock after selling 19,470 shares during the period. Commonwealth Retirement Investments LLC’s holdings in Schwab US Dividend Equity ETF were worth $671,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of SCHD. Mountain Hill Investment Partners Corp. boosted its holdings in shares of 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 buying an additional 832 shares in the last quarter. Merrithew & Thorsten Inc bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth approximately $25,000. Field & Main Bank bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth approximately $29,000. Dynamic Wealth Strategies LLC bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth approximately $29,000. Finally, Triumph Capital Management bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $33,000.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $32.29 on Tuesday. The stock has a market capitalization of $91.66 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 52-week low of $26.16 and a 52-week high of $32.91. The stock’s 50 day moving average price is $31.53 and its two-hundred day moving average price is $30.11.

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.