Allspring Global Investments Holdings LLC Sells 4,062 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Allspring Global Investments Holdings LLC lowered its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 63.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,303 shares of the company’s stock after selling 4,062 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Schwab US Dividend Equity ETF were worth $175,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SCHD. Raleigh Capital Management Inc. bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at $28,000. Howe & Rusling Inc. increased its holdings 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 valued at $36,000 after purchasing an additional 344 shares during the period. Carmel Capital Partners LLC bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth $39,000. Venturi Wealth Management LLC acquired a new position in Schwab US Dividend Equity ETF during the 4th quarter worth about $44,000. Finally, WestHill Financial Advisors Inc. grew its position in shares of Schwab US Dividend Equity ETF by 106.3% in the 3rd 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 last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $77.48 on Monday. The business has a 50-day moving average of $78.31 and a 200-day moving average of $75.26. The company has a market capitalization of $54.20 billion, a price-to-earnings ratio of 14.82 and a beta of 0.77. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $80.82.

Schwab US Dividend Equity ETF Company 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.