Schwab US Dividend Equity ETF $SCHD is MFA Wealth Services’ 5th Largest Position

MFA Wealth Services cut its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 11.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 202,249 shares of the company’s stock after selling 25,777 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 4.1% of MFA Wealth Services’ holdings, making the stock its 5th biggest position. MFA Wealth Services’ holdings in Schwab US Dividend Equity ETF were worth $6,205,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SCHD. Colorado Capital Management Inc. raised its position in 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 buying an additional 362 shares during the last quarter. International Private Wealth Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 3.3% in the 4th quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock worth $340,000 after acquiring an additional 397 shares during the period. Brown Lisle Cummings Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 4.6% in the first quarter. Brown Lisle Cummings Inc. now owns 9,135 shares of the company’s stock valued at $280,000 after acquiring an additional 400 shares in the last quarter. Archer Investment Corp boosted its holdings in shares of Schwab US Dividend Equity ETF by 5.0% in the fourth quarter. Archer Investment Corp now owns 8,534 shares of the company’s stock valued at $234,000 after acquiring an additional 404 shares in the last quarter. Finally, Semus Wealth Partners LLC increased its stake in shares of Schwab US Dividend Equity ETF by 0.8% during the fourth quarter. Semus Wealth Partners LLC now owns 50,970 shares of the company’s stock worth $1,398,000 after acquiring an additional 411 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.4%

Shares of Schwab US Dividend Equity ETF stock opened at $32.09 on Friday. The firm has a market cap of $91.09 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 52-week low of $26.21 and a 52-week high of $32.92. The company’s 50-day simple moving average is $31.96 and its 200-day simple moving average is $30.56.

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.