McGlone Suttner Wealth Management Inc. Trims Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

McGlone Suttner Wealth Management Inc. cut its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,598 shares of the company’s stock after selling 916 shares during the quarter. McGlone Suttner Wealth Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,187,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. O Shaughnessy Asset Management LLC grew its stake in shares of Schwab US Dividend Equity ETF by 115.2% in the first quarter. O Shaughnessy Asset Management LLC now owns 353 shares of the company’s stock valued at $26,000 after buying an additional 189 shares in the last quarter. Raleigh Capital Management Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at about $28,000. Howe & Rusling Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 209.8% in the third quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock valued at $36,000 after buying an additional 344 shares in the last quarter. BlackRock Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 464.5% in the second quarter. BlackRock Inc. now owns 525 shares of the company’s stock valued at $38,000 after buying an additional 432 shares in the last quarter. Finally, Carmel Capital Partners LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at about $39,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock traded up $0.40 during trading hours on Thursday, reaching $80.63. The company had a trading volume of 3,003,827 shares, compared to its average volume of 3,672,940. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $80.82. The company has a market capitalization of $53.07 billion, a P/E ratio of 14.38 and a beta of 0.88. The stock’s fifty day simple moving average is $77.81 and its 200 day simple moving average is $74.26.

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.