Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Sold by Avidian Wealth Solutions LLC

Avidian Wealth Solutions LLC trimmed its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 56.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,879 shares of the company’s stock after selling 33,003 shares during the period. Avidian Wealth Solutions LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,970,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Grey Street Capital LLC raised its stake in shares of Schwab US Dividend Equity ETF by 1.0% in the 4th quarter. Grey Street Capital LLC now owns 13,599 shares of the company’s stock valued at $1,035,000 after acquiring an additional 136 shares during the period. Zullo Investment Group Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 0.5% in the fourth quarter. Zullo Investment Group Inc. now owns 32,014 shares of the company’s stock valued at $2,437,000 after buying an additional 144 shares in the last quarter. StrategIQ Financial Group LLC grew its stake in shares of Schwab US Dividend Equity ETF by 1.0% in the fourth quarter. StrategIQ Financial Group LLC now owns 14,156 shares of the company’s stock valued at $1,078,000 after buying an additional 145 shares in the last quarter. Indie Asset Partners LLC lifted its position in Schwab US Dividend Equity ETF by 0.7% during the 4th quarter. Indie Asset Partners LLC now owns 19,890 shares of the company’s stock worth $1,514,000 after acquiring an additional 146 shares in the last quarter. Finally, Trifecta Capital Advisors LLC boosted its holdings in Schwab US Dividend Equity ETF by 20.0% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 900 shares of the company’s stock worth $64,000 after acquiring an additional 150 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.9 %

Shares of SCHD traded up $0.70 during mid-day trading on Friday, reaching $77.97. 2,613,230 shares of the stock traded hands, compared to its average volume of 3,569,934. The stock has a fifty day simple moving average of $78.31 and a 200 day simple moving average of $75.49. Schwab US Dividend Equity ETF has a 12-month low of $66.67 and a 12-month high of $80.82. The firm has a market cap of $54.54 billion, a price-to-earnings ratio of 14.82 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.