Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Sold by Patton Albertson Miller Group LLC

Patton Albertson Miller Group LLC decreased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 11.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 20,746 shares of the company’s stock after selling 2,761 shares during the period. Patton Albertson Miller Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,579,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. LPL Financial LLC lifted its stake in Schwab US Dividend Equity ETF by 4.7% in the 3rd quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock valued at $797,645,000 after buying an additional 503,970 shares in the last quarter. Charles Schwab Investment Advisory Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 0.5% during the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 9,680,868 shares of the company’s stock valued at $737,004,000 after acquiring an additional 45,013 shares during the last quarter. Avantax Advisory Services Inc. raised its stake in Schwab US Dividend Equity ETF by 3.7% in the 3rd quarter. Avantax Advisory Services Inc. now owns 7,458,984 shares of the company’s stock valued at $527,798,000 after purchasing an additional 266,516 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Schwab US Dividend Equity ETF by 2.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,778,626 shares of the company’s stock valued at $408,896,000 after purchasing an additional 145,168 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in Schwab US Dividend Equity ETF by 2.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,349,008 shares of the company’s stock valued at $307,736,000 after purchasing an additional 95,086 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.8 %

Shares of NYSEARCA:SCHD traded up $0.61 during trading on Thursday, reaching $79.12. The stock had a trading volume of 3,004,592 shares, compared to its average volume of 3,539,929. The stock has a market cap of $55.35 billion, a P/E ratio of 14.82 and a beta of 0.77. The business has a fifty day moving average price of $78.38 and a 200-day moving average price of $75.65. Schwab US Dividend Equity ETF has a fifty-two week low of $66.67 and a fifty-two week high of $80.82.

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.