Caprock Group LLC Sells 32,432 Shares of Schwab US Dividend Equity ETF $SCHD

Caprock Group LLC decreased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 18.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 141,922 shares of the company’s stock after selling 32,432 shares during the quarter. Caprock Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,893,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Rakuten Investment Management Inc. bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $1,127,144,000. Sumitomo Life Insurance Co. bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $847,665,000. Avantax Planning Partners Inc. boosted its stake in Schwab US Dividend Equity ETF by 3.0% during the 3rd quarter. Avantax Planning Partners Inc. now owns 9,739,675 shares of the company’s stock worth $265,893,000 after acquiring an additional 280,277 shares during the last quarter. Cerity Partners LLC boosted its stake in Schwab US Dividend Equity ETF by 18.0% during the 3rd quarter. Cerity Partners LLC now owns 6,599,938 shares of the company’s stock worth $180,178,000 after acquiring an additional 1,005,469 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC boosted its stake in Schwab US Dividend Equity ETF by 2.5% during the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 6,073,520 shares of the company’s stock worth $165,807,000 after acquiring an additional 150,965 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $31.42 on Friday. The firm has a market cap of $88.63 billion, a P/E ratio of 14.57 and a beta of 0.70. Schwab US Dividend Equity ETF has a twelve month low of $25.32 and a twelve month high of $31.95. The firm’s 50 day moving average price is $31.00 and its two-hundred day moving average price is $28.99.

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.