Westbourne Investments Inc. Sells 4,981 Shares of Schwab US Dividend Equity ETF $SCHD

Westbourne Investments Inc. cut its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 9.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 47,447 shares of the company’s stock after selling 4,981 shares during the quarter. Westbourne Investments Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,257,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of SCHD. Brighton Jones LLC lifted its position in Schwab US Dividend Equity ETF by 404.6% during the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after purchasing an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in Schwab US Dividend Equity ETF by 206.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after purchasing an additional 51,696 shares during the last quarter. Northern Trust Corp raised its stake in shares of Schwab US Dividend Equity ETF by 247.5% during the fourth quarter. Northern Trust Corp now owns 253,449 shares of the company’s stock worth $6,924,000 after acquiring an additional 180,519 shares in the last quarter. Bison Wealth LLC raised its stake in shares of Schwab US Dividend Equity ETF by 234.4% during the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after acquiring an additional 309,400 shares in the last quarter. Finally, Quantinno Capital Management LP raised its stake in shares of Schwab US Dividend Equity ETF by 497.2% during the fourth quarter. Quantinno Capital Management LP now owns 46,212 shares of the company’s stock worth $1,263,000 after acquiring an additional 38,474 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $27.42 on Wednesday. The company has a market capitalization of $71.52 billion, a PE ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.72. The company’s 50 day moving average price is $27.30 and its two-hundred day moving average price is $26.82.

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.