Sagace Wealth Management LLC Reduces Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Sagace Wealth Management LLC lowered its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 44,244 shares of the company’s stock after selling 3,581 shares during the period. Sagace Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,209,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Central Pacific Bank Trust Division lifted its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after purchasing an additional 604 shares during the period. Kennebec Savings Bank purchased a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth about $31,000. Barrett & Company Inc. bought a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth about $34,000. Legacy Investment Solutions LLC purchased a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $34,000. Finally, Cassady Schiller Wealth Management LLC bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth about $38,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $27.82 on Thursday. The company has a 50 day simple moving average of $28.23 and a two-hundred day simple moving average of $27.79. Schwab US Dividend Equity ETF has a fifty-two week low of $24.97 and a fifty-two week high of $29.72. The company has a market capitalization of $19.52 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.