Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Holdings Reduced by Kellett Wealth Advisors LLC

Kellett Wealth Advisors LLC reduced its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 71.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 118,796 shares of the company’s stock after selling 297,028 shares during the period. Schwab US Dividend Equity ETF makes up 6.7% of Kellett Wealth Advisors LLC’s investment portfolio, making the stock its 4th largest position. Kellett Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $9,044,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Whitaker Myers Wealth Managers LTD. grew its position in shares of Schwab US Dividend Equity ETF by 12.3% during the fourth quarter. Whitaker Myers Wealth Managers LTD. now owns 203,264 shares of the company’s stock worth $15,475,000 after acquiring an additional 22,221 shares during the last quarter. FMR LLC grew its position in shares of Schwab US Dividend Equity ETF by 22.7% during the third quarter. FMR LLC now owns 64,312 shares of the company’s stock worth $4,551,000 after acquiring an additional 11,906 shares during the last quarter. M. Kulyk & Associates LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth approximately $514,000. Procyon Advisors LLC grew its position in shares of Schwab US Dividend Equity ETF by 9.9% during the fourth quarter. Procyon Advisors LLC now owns 4,440 shares of the company’s stock worth $338,000 after acquiring an additional 401 shares during the last quarter. Finally, Graypoint LLC grew its position in shares of Schwab US Dividend Equity ETF by 5.4% during the fourth quarter. Graypoint LLC now owns 4,969 shares of the company’s stock worth $378,000 after acquiring an additional 255 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.0 %

Shares of NYSEARCA SCHD traded up $0.01 during mid-day trading on Thursday, hitting $75.82. 2,609,812 shares of the company were exchanged, compared to its average volume of 3,675,388. The stock has a 50 day simple moving average of $78.25 and a 200-day simple moving average of $74.86. Schwab US Dividend Equity ETF has a 1-year low of $66.67 and a 1-year high of $80.82. The firm has a market cap of $53.13 billion, a price-to-earnings ratio of 15.00 and a beta of 0.79.

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.