Schwab US Dividend Equity ETF $SCHD Shares Sold by Foguth Wealth Management LLC.

Foguth Wealth Management LLC. trimmed its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 88.7% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 63,252 shares of the company’s stock after selling 496,250 shares during the quarter. Foguth Wealth Management LLC.’s holdings in Schwab US Dividend Equity ETF were worth $2,173,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in SCHD. Summit Financial Wealth Advisors LLC bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth about $63,803,000. Paradiem LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter worth about $56,258,000. Baer Investment Advisory LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter worth about $46,847,000. Stonehearth Capital Management LLC bought a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $31,481,000. Finally, Hengehold Capital Management LLC bought a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $21,822,000.

Schwab US Dividend Equity ETF Trading Down 0.3%

Schwab US Dividend Equity ETF stock traded down $0.12 during midday trading on Monday, reaching $34.23. 12,214,661 shares of the stock traded hands, compared to its average volume of 22,412,855. The firm has a fifty day moving average price of $34.01 and a two-hundred day moving average price of $32.77. The firm has a market cap of $114.56 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a fifty-two week low of $26.32 and a fifty-two week high of $35.31.

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.