Johnson Bixby & Associates LLC Trims Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Johnson Bixby & Associates LLC reduced its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 16.8% in the 1st quarter, Holdings Channel.com reports. The fund owned 10,592 shares of the company’s stock after selling 2,135 shares during the quarter. Johnson Bixby & Associates LLC’s holdings in Schwab US Dividend Equity ETF were worth $296,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Ritter Daniher Financial Advisory LLC DE grew its position in 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 purchasing an additional 650 shares during the last quarter. Opal Wealth Advisors LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the first quarter valued at about $27,000. Moisand Fitzgerald Tamayo LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 294.3% during the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after buying an additional 777 shares during the period. PFG Private Wealth Management LLC grew its holdings in shares of 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 worth $28,000 after buying an additional 686 shares during the last quarter. Finally, Mountain Hill Investment Partners Corp. purchased a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter worth about $29,000.

Schwab US Dividend Equity ETF Stock Up 0.2%

Shares of SCHD stock opened at $26.70 on Monday. The stock’s 50-day moving average price is $26.10 and its 200 day moving average price is $27.07. The stock has a market capitalization of $69.42 billion, a PE ratio of 14.34 and a beta of 0.80. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.72.

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.