Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Sold by RIA Advisory Group LLC

RIA Advisory Group LLC decreased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 69.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,585 shares of the company’s stock after selling 12,949 shares during the period. RIA Advisory Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $425,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of SCHD. O Shaughnessy Asset Management LLC grew its stake in Schwab US Dividend Equity ETF by 115.2% during the first quarter. O Shaughnessy Asset Management LLC now owns 353 shares of the company’s stock worth $26,000 after buying an additional 189 shares during the period. Raleigh Capital Management Inc. purchased a new stake in Schwab US Dividend Equity ETF during the third quarter worth approximately $28,000. Bear Mountain Capital Inc. purchased a new stake in Schwab US Dividend Equity ETF during the fourth quarter worth approximately $34,000. Howe & Rusling Inc. grew its stake in Schwab US Dividend Equity ETF by 209.8% during the third quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock worth $36,000 after buying an additional 344 shares during the period. Finally, BlackRock Inc. grew its stake in Schwab US Dividend Equity ETF by 464.5% during the second quarter. BlackRock Inc. now owns 525 shares of the company’s stock worth $38,000 after buying an additional 432 shares during the period.

Schwab US Dividend Equity ETF Trading Up 1.1 %

SCHD traded up $0.84 during trading on Friday, hitting $76.65. 3,403,942 shares of the company’s stock were exchanged, compared to its average volume of 3,671,856. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $80.82. The stock has a 50 day moving average price of $78.22 and a 200 day moving average price of $74.87. The firm has a market cap of $53.71 billion, a P/E ratio of 15.00 and a beta of 0.79.

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.