Schwab US Dividend Equity ETF $SCHD Shares Sold by Zhang Financial LLC

Zhang Financial LLC trimmed its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 42.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 32,194 shares of the company’s stock after selling 23,569 shares during the period. Zhang Financial LLC’s holdings in Schwab US Dividend Equity ETF were worth $883,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in shares of Schwab US Dividend Equity ETF by 2.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,616,851 shares of the company’s stock worth $126,040,000 after buying an additional 95,857 shares during the last quarter. Elmwood Wealth Management Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $1,003,000. Bell Bank increased its holdings in shares of Schwab US Dividend Equity ETF by 53.3% during the 4th quarter. Bell Bank now owns 104,155 shares of the company’s stock worth $2,857,000 after buying an additional 36,212 shares during the last quarter. Aspire Capital Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 2.9% during the 4th quarter. Aspire Capital Advisors LLC now owns 1,063,961 shares of the company’s stock worth $29,184,000 after buying an additional 30,146 shares during the last quarter. Finally, BIP Wealth LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $1,589,000.

Schwab US Dividend Equity ETF Stock Down 0.4%

SCHD stock opened at $32.50 on Friday. The company has a market cap of $92.26 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The business has a fifty day simple moving average of $31.31 and a 200-day simple moving average of $29.87. Schwab US Dividend Equity ETF has a 52 week low of $25.89 and a 52 week high of $32.91.

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.