McGlone Suttner Wealth Management Inc. Sells 916 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

McGlone Suttner Wealth Management Inc. decreased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,598 shares of the company’s stock after selling 916 shares during the period. McGlone Suttner Wealth Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,187,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Fortune 45 LLC grew its holdings in Schwab US Dividend Equity ETF by 3.6% during the first quarter. Fortune 45 LLC now owns 82,847 shares of the company’s stock worth $6,535,000 after purchasing an additional 2,904 shares during the period. United Bank lifted its position in Schwab US Dividend Equity ETF by 7.6% during the first quarter. United Bank now owns 47,346 shares of the company’s stock worth $3,735,000 after acquiring an additional 3,357 shares during the last quarter. MAS Advisors LLC lifted its position in Schwab US Dividend Equity ETF by 32.9% during the first quarter. MAS Advisors LLC now owns 38,659 shares of the company’s stock worth $3,087,000 after acquiring an additional 9,564 shares during the last quarter. Bank of New York Mellon Corp lifted its position in Schwab US Dividend Equity ETF by 10.0% during the first quarter. Bank of New York Mellon Corp now owns 29,004 shares of the company’s stock worth $2,288,000 after acquiring an additional 2,629 shares during the last quarter. Finally, Citigroup Inc. lifted its position in Schwab US Dividend Equity ETF by 53.4% during the first quarter. Citigroup Inc. now owns 50,347 shares of the company’s stock worth $3,972,000 after acquiring an additional 17,526 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.5 %

SCHD stock traded up $0.40 during mid-day trading on Thursday, hitting $80.63. 3,003,827 shares of the company were exchanged, compared to its average volume of 3,672,940. The business has a 50 day simple moving average of $77.81 and a 200-day simple moving average of $74.26. The stock has a market capitalization of $53.07 billion, a PE ratio of 14.38 and a beta of 0.88. Schwab US Dividend Equity ETF has a 1-year low of $66.67 and a 1-year high of $80.82.

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.