Schwab US Dividend Equity ETF $SCHD Stock Position Lowered by Adamsbrown Wealth Consultants LLC

Adamsbrown Wealth Consultants LLC trimmed its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 452,880 shares of the company’s stock after selling 31,493 shares during the period. Schwab US Dividend Equity ETF accounts for about 3.5% of Adamsbrown Wealth Consultants LLC’s investment portfolio, making the stock its 9th largest position. Adamsbrown Wealth Consultants LLC’s holdings in Schwab US Dividend Equity ETF were worth $12,422,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in 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 valued at $2,871,000 after buying an additional 84,262 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 206.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after acquiring an additional 51,696 shares during the last quarter. Bison Wealth LLC increased its position in Schwab US Dividend Equity ETF by 234.4% during the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after purchasing an additional 309,400 shares in the last quarter. Goldman Sachs Group Inc. increased its position in Schwab US Dividend Equity ETF by 35.6% during 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, United Bank raised its stake in Schwab US Dividend Equity ETF by 5.0% in the 2nd quarter. United Bank now owns 195,713 shares of the company’s stock valued at $5,186,000 after purchasing an additional 9,351 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $30.62 on Friday. The stock has a market capitalization of $80.54 billion, a P/E ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $31.95. The firm’s 50-day moving average is $30.71 and its two-hundred day moving average is $28.52.

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.