Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is Reitz Capital Advisors LLC’s Largest Position

Reitz Capital Advisors LLC decreased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 178,805 shares of the company’s stock after selling 3,996 shares during the quarter. Schwab US Dividend Equity ETF comprises 24.1% of Reitz Capital Advisors LLC’s portfolio, making the stock its biggest holding. Reitz Capital Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $13,612,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. O Shaughnessy Asset Management LLC boosted its holdings in Schwab US Dividend Equity ETF by 115.2% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 353 shares of the company’s stock valued at $26,000 after acquiring an additional 189 shares during the period. Raleigh Capital Management Inc. purchased a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at $28,000. Howe & Rusling Inc. boosted its holdings in Schwab US Dividend Equity ETF by 209.8% during the 3rd quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock valued at $36,000 after acquiring an additional 344 shares during the period. BlackRock Inc. boosted its holdings in Schwab US Dividend Equity ETF by 464.5% during the 2nd quarter. BlackRock Inc. now owns 525 shares of the company’s stock valued at $38,000 after acquiring an additional 432 shares during the period. Finally, Carmel Capital Partners LLC purchased a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at $39,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock traded down $0.52 during mid-day trading on Tuesday, hitting $78.88. The stock had a trading volume of 4,877,584 shares, compared to its average volume of 3,691,329. Schwab US Dividend Equity ETF has a 12-month low of $66.67 and a 12-month high of $80.05. The firm has a market capitalization of $51.92 billion, a P/E ratio of 14.38 and a beta of 0.88. The firm’s 50-day moving average is $77.62 and its two-hundred day moving average is $74.18.

About Schwab US Dividend Equity ETF

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.