Schwab US Dividend Equity ETF $SCHD is Adamsbrown Wealth Consultants LLC’s 9th Largest Position

Adamsbrown Wealth Consultants LLC cut its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 57.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 484,373 shares of the company’s stock after selling 647,154 shares during the period. Schwab US Dividend Equity ETF makes up about 3.6% of Adamsbrown Wealth Consultants LLC’s portfolio, making the stock its 9th largest holding. Adamsbrown Wealth Consultants LLC’s holdings in Schwab US Dividend Equity ETF were worth $13,223,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Brighton Jones LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 404.6% in the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after acquiring an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings 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 valued at $2,095,000 after purchasing an additional 51,696 shares in the last quarter. Bison Wealth LLC lifted its stake in Schwab US Dividend Equity ETF by 234.4% in the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after buying an additional 309,400 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Schwab US Dividend Equity ETF by 35.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock worth $16,579,000 after purchasing an additional 155,769 shares in the last quarter. Finally, Kathmere Capital Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at about $209,000.

Schwab US Dividend Equity ETF Stock Up 0.7%

SCHD stock opened at $29.37 on Wednesday. The stock has a 50-day simple moving average of $27.92 and a two-hundred day simple moving average of $27.43. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.39. The firm has a market capitalization of $77.10 billion, a PE ratio of 14.57 and a beta of 0.77.

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.