Gray Wealth Management Inc. Cuts Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Gray Wealth Management Inc. reduced its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 13.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 11,215 shares of the company’s stock after selling 1,721 shares during the quarter. Gray Wealth Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $854,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of SCHD. Tiller Private Wealth Inc. acquired a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $477,000. Curran Financial Partners LLC raised its holdings in Schwab US Dividend Equity ETF by 4.5% in the fourth quarter. Curran Financial Partners LLC now owns 250,412 shares of the company’s stock valued at $19,131,000 after acquiring an additional 10,842 shares in the last quarter. Roman Butler Fullerton & Co. boosted its stake in Schwab US Dividend Equity ETF by 28.4% during the 4th quarter. Roman Butler Fullerton & Co. now owns 31,598 shares of the company’s stock valued at $2,434,000 after acquiring an additional 6,995 shares during the last quarter. Opus Capital Group LLC increased its position in shares of Schwab US Dividend Equity ETF by 1.9% in the 4th quarter. Opus Capital Group LLC now owns 76,977 shares of the company’s stock worth $5,860,000 after purchasing an additional 1,418 shares during the last quarter. Finally, Prosperity Wealth Management Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 25.3% in the 4th quarter. Prosperity Wealth Management Inc. now owns 6,069 shares of the company’s stock valued at $462,000 after purchasing an additional 1,227 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD remained flat at $75.81 on Thursday. The company’s stock had a trading volume of 2,607,271 shares, compared to its average volume of 3,675,365. The stock has a market capitalization of $53.12 billion, a P/E ratio of 15.00 and a beta of 0.79. The company has a fifty day moving average price of $78.25 and a 200-day moving average price of $74.86. Schwab US Dividend Equity ETF has a 12-month low of $66.67 and a 12-month high of $80.82.

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.