Schwab US Dividend Equity ETF $SCHD Shares Sold by AdvisorNet Financial Inc

AdvisorNet Financial Inc cut its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 9.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 861,205 shares of the company’s stock after selling 93,457 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 1.3% of AdvisorNet Financial Inc’s investment portfolio, making the stock its 17th largest holding. AdvisorNet Financial Inc’s holdings in Schwab US Dividend Equity ETF were worth $23,623,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SCHD. Biltmore Family Office LLC boosted its position in shares of 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 buying an additional 524 shares during the period. Triumph Capital Management acquired a new position in Schwab US Dividend Equity ETF during the third quarter worth about $33,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $35,000. Reyes Financial Architecture Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 1,903.1% in the third quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock valued at $36,000 after buying an additional 1,237 shares in the last quarter. Finally, Turning Point Benefit Group Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $36,000.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $30.56 on Friday. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $31.95. The firm has a fifty day moving average of $30.90 and a two-hundred day moving average of $28.65. The firm has a market capitalization of $80.38 billion, a P/E 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.