Schwab US Dividend Equity ETF $SCHD Shares Sold by Horizon Investments LLC

Horizon Investments LLC reduced its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 63.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 130,764 shares of the company’s stock after selling 224,118 shares during the period. Horizon Investments LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,587,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of SCHD. Mountain Hill Investment Partners Corp. boosted its position in shares of Schwab US Dividend Equity ETF by 1,241.8% in the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after purchasing an additional 832 shares during the period. Biltmore Family Office LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 116.4% during the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after buying an additional 524 shares during the last quarter. Field & Main Bank acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at about $29,000. Triumph Capital Management acquired a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $33,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $35,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $31.52 on Tuesday. The stock’s 50 day simple moving average is $30.99 and its 200 day simple moving average is $29.18. Schwab US Dividend Equity ETF has a twelve month low of $25.50 and a twelve month high of $32.13. The company has a market capitalization of $89.48 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

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.