Agate Pass Investment Management LLC Trims Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Agate Pass Investment Management LLC reduced its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 21.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,058 shares of the company’s stock after selling 7,168 shares during the quarter. Agate Pass Investment Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,101,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Whitaker Myers Wealth Managers LTD. increased its holdings in Schwab US Dividend Equity ETF by 12.3% during the 4th quarter. Whitaker Myers Wealth Managers LTD. now owns 203,264 shares of the company’s stock worth $15,475,000 after acquiring an additional 22,221 shares during the period. FMR LLC raised its position in shares of Schwab US Dividend Equity ETF by 22.7% in the third quarter. FMR LLC now owns 64,312 shares of the company’s stock worth $4,551,000 after buying an additional 11,906 shares in the last quarter. Traynor Capital Management Inc. boosted its stake in Schwab US Dividend Equity ETF by 53.6% during the first quarter. Traynor Capital Management Inc. now owns 6,140 shares of the company’s stock valued at $495,000 after buying an additional 2,142 shares during the period. Apexium Financial LP grew its position in Schwab US Dividend Equity ETF by 27.0% during the fourth quarter. Apexium Financial LP now owns 287,086 shares of the company’s stock worth $21,856,000 after buying an additional 60,972 shares in the last quarter. Finally, Procyon Advisors LLC increased its stake in Schwab US Dividend Equity ETF by 9.9% in the 4th quarter. Procyon Advisors LLC now owns 4,440 shares of the company’s stock worth $338,000 after acquiring an additional 401 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.3 %

Shares of NYSEARCA:SCHD traded down $0.20 during trading on Thursday, reaching $77.23. The company had a trading volume of 1,756,832 shares, compared to its average volume of 3,292,562. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $80.82. The stock has a market capitalization of $54.18 billion, a P/E ratio of 15.04 and a beta of 0.74. The company has a fifty day moving average of $78.07 and a two-hundred day moving average of $77.54.

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.