Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Sold by CAP Partners LLC

CAP Partners LLC lowered its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,727 shares of the company’s stock after selling 2,547 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 3.0% of CAP Partners LLC’s portfolio, making the stock its 7th largest position. CAP Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,364,000 at the end of the most recent quarter.

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

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD traded up $0.04 during midday trading on Tuesday, hitting $77.45. The company’s stock had a trading volume of 2,702,012 shares, compared to its average volume of 3,318,110. Schwab US Dividend Equity ETF has a 1-year low of $66.67 and a 1-year high of $80.82. The firm’s fifty day moving average price is $78.12 and its 200-day moving average price is $77.65. The firm has a market cap of $54.33 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.