Thoroughbred Financial Services LLC Has $5.11 Million Holdings in Schwab US Dividend Equity ETF $SCHD

Thoroughbred Financial Services LLC lessened its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 12.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 186,419 shares of the company’s stock after selling 27,321 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,113,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Mountain Hill Investment Partners Corp. lifted its holdings in shares of Schwab US Dividend Equity ETF by 1,241.8% during the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after acquiring an additional 832 shares during the period. Merrithew & Thorsten Inc bought a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth approximately $25,000. Field & Main Bank bought a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth approximately $29,000. Dynamic Wealth Strategies LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth approximately $29,000. Finally, Triumph Capital Management bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $33,000.

Schwab US Dividend Equity ETF Trading Down 0.4%

Shares of Schwab US Dividend Equity ETF stock opened at $32.55 on Thursday. The company has a 50 day moving average of $31.24 and a 200-day moving average of $29.81. Schwab US Dividend Equity ETF has a 1-year low of $25.89 and a 1-year high of $32.91. The company has a market cap of $92.40 billion, a PE ratio of 14.57 and a beta of 0.68.

Schwab US Dividend Equity ETF 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.