Ellenbecker Investment Group Cuts Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Ellenbecker Investment Group decreased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 22.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,972 shares of the company’s stock after selling 8,550 shares during the period. Schwab US Dividend Equity ETF comprises about 0.5% of Ellenbecker Investment Group’s holdings, making the stock its 22nd largest position. Ellenbecker Investment Group’s holdings in Schwab US Dividend Equity ETF were worth $2,205,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of SCHD. Raleigh Capital Management Inc. purchased a new position in Schwab US Dividend Equity ETF in the third quarter worth $28,000. Bear Mountain Capital Inc. purchased a new position in Schwab US Dividend Equity ETF in the fourth quarter worth $34,000. Howe & Rusling Inc. boosted its position in Schwab US Dividend Equity ETF by 209.8% in the third quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock worth $36,000 after purchasing an additional 344 shares during the last quarter. Carmel Capital Partners LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at $39,000. Finally, WestHill Financial Advisors Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 106.3% in the third quarter. WestHill Financial Advisors Inc. now owns 619 shares of the company’s stock valued at $44,000 after buying an additional 319 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD traded up $0.53 during mid-day trading on Tuesday, hitting $77.77. The stock had a trading volume of 2,496,472 shares, compared to its average volume of 3,649,316. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $80.82. The firm has a market cap of $54.50 billion, a P/E ratio of 15.00 and a beta of 0.79. The business has a fifty day moving average price of $78.22 and a 200-day moving average price of $75.05.

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.