Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Sold by CNB Bank

CNB Bank lessened its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 14.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 3,603 shares of the company’s stock after selling 623 shares during the quarter. CNB Bank’s holdings in Schwab US Dividend Equity ETF were worth $274,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of SCHD. Hunter Associates Investment Management LLC raised its position in shares of Schwab US Dividend Equity ETF by 5.1% during the fourth quarter. Hunter Associates Investment Management LLC now owns 137,284 shares of the company’s stock worth $10,471,000 after purchasing an additional 6,672 shares during the period. J.W. Cole Advisors Inc. raised its position in shares of Schwab US Dividend Equity ETF by 2.7% during the fourth quarter. J.W. Cole Advisors Inc. now owns 49,529 shares of the company’s stock worth $3,771,000 after purchasing an additional 1,314 shares during the period. Onyx Bridge Wealth Group LLC raised its position in shares of Schwab US Dividend Equity ETF by 23.3% during the fourth quarter. Onyx Bridge Wealth Group LLC now owns 72,939 shares of the company’s stock worth $5,553,000 after purchasing an additional 13,780 shares during the period. Wetzel Investment Advisors Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth $56,000. Finally, Greenleaf Trust raised its position in shares of Schwab US Dividend Equity ETF by 82.1% during the fourth quarter. Greenleaf Trust now owns 5,526 shares of the company’s stock worth $421,000 after purchasing an additional 2,491 shares during the period.

Schwab US Dividend Equity ETF Trading Up 1.1 %

Shares of Schwab US Dividend Equity ETF stock traded up $0.84 on Friday, reaching $76.65. 3,413,493 shares of the company were exchanged, compared to its average volume of 3,671,898. The stock has a fifty day moving average price of $78.22 and a 200-day moving average price of $74.92. The firm has a market capitalization of $53.71 billion, a price-to-earnings ratio of 15.00 and a beta of 0.79. Schwab US Dividend Equity ETF has a fifty-two week low of $66.67 and a fifty-two week 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.