Mutual Advisors LLC Has $13.56 Million Holdings in Schwab US Dividend Equity ETF $SCHD

Mutual Advisors LLC trimmed its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 494,351 shares of the company’s stock after selling 25,424 shares during the period. Mutual Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $13,560,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Mountain Hill Investment Partners Corp. boosted its position 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 worth $25,000 after purchasing an additional 832 shares during the last quarter. Biltmore Family Office LLC boosted its position in shares of Schwab US Dividend Equity ETF by 116.4% in the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after purchasing an additional 524 shares during the last quarter. Field & Main Bank bought a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter worth $29,000. Triumph Capital Management bought a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth $33,000. Finally, KERR FINANCIAL PLANNING Corp bought a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth $35,000.

Schwab US Dividend Equity ETF Trading Up 2.0%

SCHD stock opened at $32.07 on Friday. The business’s 50-day moving average price is $30.99 and its two-hundred day moving average price is $29.14. The firm has a market cap of $90.78 billion, a PE ratio of 14.57 and a beta of 0.70. Schwab US Dividend Equity ETF has a 1-year low of $25.50 and a 1-year high of $32.10.

Schwab US Dividend Equity ETF 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.