Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Sold by Millennium Management LLC

Millennium Management LLC cut its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,807 shares of the company’s stock after selling 1,430 shares during the quarter. Millennium Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $568,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of SCHD. Capital & Planning LLC increased its position in shares of Schwab US Dividend Equity ETF by 128.2% during the 4th quarter. Capital & Planning LLC now owns 21,196 shares of the company’s stock worth $579,000 after purchasing an additional 11,906 shares during the last quarter. Ironwood Wealth Management LLC. increased its position in shares of Schwab US Dividend Equity ETF by 413.8% during the 4th quarter. Ironwood Wealth Management LLC. now owns 16,391 shares of the company’s stock worth $448,000 after purchasing an additional 13,201 shares during the last quarter. Eagle Capital Management LLC increased its position in shares of Schwab US Dividend Equity ETF by 204.9% during the 4th quarter. Eagle Capital Management LLC now owns 862,365 shares of the company’s stock worth $23,560,000 after purchasing an additional 579,549 shares during the last quarter. Brighton Jones LLC increased its position in shares of Schwab US Dividend Equity ETF by 404.6% during the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after purchasing an additional 84,262 shares during the last quarter. Finally, Revolve Wealth Partners LLC increased its position in shares of Schwab US Dividend Equity ETF by 206.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after purchasing an additional 51,696 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $26.54 on Monday. The company has a market cap of $69.00 billion, a P/E ratio of 15.93 and a beta of 0.82. The stock has a 50-day moving average of $25.85 and a two-hundred day moving average of $27.25. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72.

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.