CCG Wealth Management LLC Has $1.19 Million Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

CCG Wealth Management LLC reduced its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 43.3% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 14,727 shares of the company’s stock after selling 11,268 shares during the quarter. Schwab US Dividend Equity ETF makes up 0.7% of CCG Wealth Management LLC’s investment portfolio, making the stock its 24th largest holding. CCG Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,187,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHD. Raleigh Capital Management Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at about $28,000. Voisard Asset Management Group Inc. bought a new position in Schwab US Dividend Equity ETF in the 4th quarter worth approximately $29,000. Signature Resources Capital Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter worth approximately $32,000. Bear Mountain Capital Inc. bought a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $34,000. Finally, Venturi Wealth Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth $44,000.

Schwab US Dividend Equity ETF Trading Down 0.5 %

NYSEARCA:SCHD traded down $0.35 during trading hours on Monday, hitting $77.41. 5,535,877 shares of the company traded hands, compared to its average volume of 3,322,866. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $80.82. The firm has a 50-day moving average of $78.12 and a 200 day moving average of $77.62. The stock has a market capitalization of $54.30 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.