WealthCare Investment Partners LLC Trims Stock Position in Schwab US Dividend Equity ETF $SCHD

WealthCare Investment Partners LLC trimmed its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 16.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 110,651 shares of the company’s stock after selling 22,139 shares during the quarter. Schwab US Dividend Equity ETF comprises 0.9% of WealthCare Investment Partners LLC’s investment portfolio, making the stock its 26th biggest holding. WealthCare Investment Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,068,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Rakuten Investment Management Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth approximately $1,127,144,000. Sumitomo Life Insurance Co. acquired a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $847,665,000. Cibc World Market Inc. grew its position in Schwab US Dividend Equity ETF by 243.5% in the 3rd quarter. Cibc World Market Inc. now owns 5,328,615 shares of the company’s stock valued at $145,471,000 after buying an additional 3,777,339 shares during the last quarter. Osaic Holdings Inc. grew its position in Schwab US Dividend Equity ETF by 12.1% in the 2nd quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock valued at $298,684,000 after buying an additional 1,217,005 shares during the last quarter. Finally, Lido Advisors LLC acquired a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at $32,308,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $30.39 on Friday. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $31.95. The company has a market cap of $79.93 billion, a P/E ratio of 14.57 and a beta of 0.77. The firm has a fifty day moving average of $30.57 and a two-hundred day moving average of $28.44.

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.