Family Capital Management Inc. Cuts Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Family Capital Management Inc. lessened its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 17.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 185,014 shares of the company’s stock after selling 39,347 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 10.0% of Family Capital Management Inc.’s investment portfolio, making the stock its 2nd largest position. Family Capital Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $14,085,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of SCHD. Fortune 45 LLC increased its position 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 buying an additional 2,904 shares during the last quarter. United Bank grew its position in shares of Schwab US Dividend Equity ETF by 7.6% in the first quarter. United Bank now owns 47,346 shares of the company’s stock valued at $3,735,000 after purchasing an additional 3,357 shares during the last quarter. MAS Advisors LLC grew its position in shares of Schwab US Dividend Equity ETF by 32.9% in the first quarter. MAS Advisors LLC now owns 38,659 shares of the company’s stock valued at $3,087,000 after purchasing an additional 9,564 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Schwab US Dividend Equity ETF by 10.0% in the first quarter. Bank of New York Mellon Corp now owns 29,004 shares of the company’s stock valued at $2,288,000 after purchasing an additional 2,629 shares during the last quarter. Finally, Citigroup Inc. grew its position in shares of Schwab US Dividend Equity ETF by 53.4% in the first quarter. Citigroup Inc. now owns 50,347 shares of the company’s stock valued at $3,972,000 after purchasing an additional 17,526 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock remained flat at $75.81 on Thursday. The stock had a trading volume of 2,608,085 shares, compared to its average volume of 3,675,363. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $80.82. The company has a fifty day moving average price of $78.25 and a 200 day moving average price of $74.86. The firm has a market capitalization of $53.12 billion, a PE ratio of 15.00 and a beta of 0.79.

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.