FLC Capital Advisors Decreases Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

FLC Capital Advisors reduced its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 64,780 shares of the company’s stock after selling 2,411 shares during the period. Schwab US Dividend Equity ETF makes up about 1.3% of FLC Capital Advisors’ holdings, making the stock its 17th largest holding. FLC Capital Advisors’ holdings in Schwab US Dividend Equity ETF were worth $4,932,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in SCHD. O Shaughnessy Asset Management LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 115.2% in the first quarter. O Shaughnessy Asset Management LLC now owns 353 shares of the company’s stock worth $26,000 after acquiring an additional 189 shares during the period. Raleigh Capital Management Inc. bought a new stake in Schwab US Dividend Equity ETF during the third quarter valued at $28,000. Howe & Rusling Inc. boosted its stake in Schwab US Dividend Equity ETF by 209.8% during the third quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock valued at $36,000 after buying an additional 344 shares during the period. BlackRock Inc. boosted its stake in Schwab US Dividend Equity ETF by 464.5% during the second quarter. BlackRock Inc. now owns 525 shares of the company’s stock valued at $38,000 after buying an additional 432 shares during the period. Finally, Carmel Capital Partners LLC bought a new stake in Schwab US Dividend Equity ETF during the third quarter valued at $39,000.

Schwab US Dividend Equity ETF Stock Up 1.7 %

NYSEARCA:SCHD traded up $1.36 during trading hours on Wednesday, hitting $80.23. 3,240,614 shares of the company’s stock traded hands, compared to its average volume of 3,683,941. The firm has a market cap of $52.81 billion, a P/E ratio of 14.38 and a beta of 0.88. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $80.23. The business’s fifty day simple moving average is $77.72 and its two-hundred day simple moving average is $74.22.

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.