Sunburst Financial Group LLC Trims Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Sunburst Financial Group LLC trimmed its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 451,228 shares of the company’s stock after selling 17,243 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 2.5% of Sunburst Financial Group LLC’s holdings, making the stock its 10th biggest holding. Sunburst Financial Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $12,377,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Biltmore Family Office LLC increased its stake in Schwab US Dividend Equity ETF by 116.4% during the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after acquiring an additional 524 shares during the last quarter. Triumph Capital Management bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $33,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $35,000. Reyes Financial Architecture Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 1,903.1% in the 3rd quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock worth $36,000 after purchasing an additional 1,237 shares during the period. Finally, Turning Point Benefit Group Inc. bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $36,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $30.56 on Monday. The stock’s fifty day moving average is $30.90 and its 200 day moving average is $28.67. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $31.95. The firm has a market capitalization of $84.52 billion, a PE ratio of 14.57 and a beta of 0.77.

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.