Pacific Capital Wealth Advisors Inc. Reduces Holdings in Schwab US Dividend Equity ETF $SCHD

Pacific Capital Wealth Advisors Inc. lowered its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 19.9% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 511,618 shares of the company’s stock after selling 126,891 shares during the quarter. Schwab US Dividend Equity ETF comprises about 2.4% of Pacific Capital Wealth Advisors Inc.’s portfolio, making the stock its 11th largest position. Pacific Capital Wealth Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $13,967,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of SCHD. Lederer & Associates Investment Counsel CA boosted its position in Schwab US Dividend Equity ETF by 1.5% during the second quarter. Lederer & Associates Investment Counsel CA now owns 25,162 shares of the company’s stock worth $667,000 after purchasing an additional 375 shares in the last quarter. Ellis Investment Partners LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 1.1% in the 3rd quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock valued at $938,000 after purchasing an additional 375 shares during the last quarter. Madden Advisory Services Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 0.3% in the 2nd quarter. Madden Advisory Services Inc. now owns 113,315 shares of the company’s stock worth $3,003,000 after acquiring an additional 383 shares during the last quarter. Harbor Group Inc. grew its position in Schwab US Dividend Equity ETF by 4.8% in the 3rd quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock valued at $230,000 after acquiring an additional 383 shares in the last quarter. Finally, Bellevue Asset Management LLC raised its position in Schwab US Dividend Equity ETF by 1.2% in the 2nd quarter. Bellevue Asset Management LLC now owns 33,109 shares of the company’s stock valued at $877,000 after purchasing an additional 389 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $28.90 on Monday. The business’s 50-day simple moving average is $27.64 and its 200-day simple moving average is $27.34. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.11. The stock has a market capitalization of $75.72 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.