Schwab US Dividend Equity ETF $SCHD Stock: SFM LLC d b a Sweeney Financial Advisors Decreases Holdings

SFM LLC d b a Sweeney Financial Advisors decreased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 23.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 98,077 shares of the company’s stock after selling 29,710 shares during the quarter. Schwab US Dividend Equity ETF makes up about 1.6% of SFM LLC d b a Sweeney Financial Advisors’ holdings, making the stock its 17th largest position. SFM LLC d b a Sweeney Financial Advisors’ holdings in Schwab US Dividend Equity ETF were worth $3,190,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Paradiem LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at about $56,258,000. Baer Investment Advisory LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the first quarter valued at approximately $46,847,000. Stonehearth Capital Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $31,481,000. Royal Bank of Canada boosted its holdings in shares of Schwab US Dividend Equity ETF by 8.3% in the first quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock valued at $265,563,000 after acquiring an additional 660,876 shares during the period. Finally, Ameritas Advisory Services LLC grew its position in shares of Schwab US Dividend Equity ETF by 108.4% during the second quarter. Ameritas Advisory Services LLC now owns 1,262,852 shares of the company’s stock worth $40,045,000 after acquiring an additional 656,892 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD traded up $0.34 during mid-day trading on Wednesday, reaching $33.71. 25,568,474 shares of the company’s stock were exchanged, compared to its average volume of 22,419,781. The business’s fifty day simple moving average is $34.00 and its 200-day simple moving average is $32.69. The stock has a market capitalization of $112.62 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 52-week low of $26.32 and a 52-week high of $35.31.

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.