Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Sold by Abbrea Capital LLC

Abbrea Capital LLC lessened its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 12.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 32,435 shares of the company’s stock after selling 4,519 shares during the period. Abbrea Capital LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,469,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of SCHD. Grey Street Capital LLC raised its holdings in Schwab US Dividend Equity ETF by 1.0% in the 4th quarter. Grey Street Capital LLC now owns 13,599 shares of the company’s stock valued at $1,035,000 after acquiring an additional 136 shares during the last quarter. Zullo Investment Group Inc. raised its holdings in Schwab US Dividend Equity ETF by 0.5% in the 4th quarter. Zullo Investment Group Inc. now owns 32,014 shares of the company’s stock valued at $2,437,000 after acquiring an additional 144 shares during the last quarter. StrategIQ Financial Group LLC raised its holdings in Schwab US Dividend Equity ETF by 1.0% in the 4th quarter. StrategIQ Financial Group LLC now owns 14,156 shares of the company’s stock valued at $1,078,000 after acquiring an additional 145 shares during the last quarter. Indie Asset Partners LLC raised its holdings in Schwab US Dividend Equity ETF by 0.7% in the 4th quarter. Indie Asset Partners LLC now owns 19,890 shares of the company’s stock valued at $1,514,000 after acquiring an additional 146 shares during the last quarter. Finally, Trifecta Capital Advisors LLC raised its holdings in Schwab US Dividend Equity ETF by 20.0% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 900 shares of the company’s stock valued at $64,000 after acquiring an additional 150 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD traded down $0.08 during midday trading on Friday, reaching $77.48. 2,389,921 shares of the stock were exchanged, compared to its average volume of 3,622,631. The company has a 50 day simple moving average of $78.30 and a 200 day simple moving average of $75.15. The stock has a market capitalization of $54.20 billion, a P/E ratio of 14.82 and a beta of 0.77. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $80.82.

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.