Schwab US Dividend Equity ETF $SCHD Stake Lessened by WPG Advisers LLC

WPG Advisers LLC lessened its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 18.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 133,634 shares of the company’s stock after selling 29,265 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 2.7% of WPG Advisers LLC’s investment portfolio, making the stock its 7th biggest position. WPG Advisers LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,666,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Colorado Capital Management Inc. raised its position in shares of Schwab US Dividend Equity ETF by 0.9% during the 4th quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock worth $1,060,000 after purchasing an additional 362 shares during the last quarter. Ellis Investment Partners LLC raised its position in shares of Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock worth $938,000 after purchasing an additional 375 shares during the last quarter. Westside Investment Management Inc. raised its position in shares of Schwab US Dividend Equity ETF by 5.6% during the 3rd quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock worth $198,000 after purchasing an additional 383 shares during the last quarter. International Private Wealth Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF by 3.3% during the 4th quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock worth $340,000 after purchasing an additional 397 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. raised its position in shares of Schwab US Dividend Equity ETF by 3.4% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 12,384 shares of the company’s stock worth $339,000 after purchasing an additional 402 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.3%

SCHD opened at $31.42 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $25.32 and a twelve month high of $31.95. The company has a 50-day moving average price of $31.00 and a 200 day moving average price of $28.99. The company has a market cap of $88.63 billion, a PE ratio of 14.57 and a beta of 0.70.

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.