Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Holdings Lessened by MONECO Advisors LLC

MONECO Advisors LLC trimmed its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 147,164 shares of the company’s stock after selling 3,688 shares during the period. Schwab US Dividend Equity ETF makes up approximately 2.1% of MONECO Advisors LLC’s holdings, making the stock its 5th biggest holding. MONECO Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $11,204,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of SCHD. LPL Financial LLC raised its holdings in Schwab US Dividend Equity ETF by 4.7% during the 3rd quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock valued at $797,645,000 after buying an additional 503,970 shares during the period. Avantax Advisory Services Inc. raised its holdings in Schwab US Dividend Equity ETF by 3.7% during the 3rd quarter. Avantax Advisory Services Inc. now owns 7,458,984 shares of the company’s stock valued at $527,798,000 after buying an additional 266,516 shares during the period. Envestnet Asset Management Inc. grew its position in Schwab US Dividend Equity ETF by 2.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,778,626 shares of the company’s stock valued at $408,896,000 after acquiring an additional 145,168 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in Schwab US Dividend Equity ETF by 1.9% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 5,188,556 shares of the company’s stock valued at $367,142,000 after acquiring an additional 96,234 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in Schwab US Dividend Equity ETF by 2.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,349,008 shares of the company’s stock valued at $307,736,000 after acquiring an additional 95,086 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock traded down $0.98 during mid-day trading on Tuesday, hitting $76.94. The company’s stock had a trading volume of 2,423,490 shares, compared to its average volume of 3,594,438. The company has a 50 day moving average of $78.32 and a 200-day moving average of $75.31. The stock has a market cap of $53.82 billion, a PE ratio of 14.82 and a beta of 0.77. Schwab US Dividend Equity ETF has a one year low of $66.67 and a one year high of $80.82.

About Schwab US Dividend Equity ETF

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.