Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Position Decreased by Ellenbecker Investment Group

Ellenbecker Investment Group decreased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 22.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,972 shares of the company’s stock after selling 8,550 shares during the period. Schwab US Dividend Equity ETF makes up 0.5% of Ellenbecker Investment Group’s portfolio, making the stock its 22nd biggest holding. Ellenbecker Investment Group’s holdings in Schwab US Dividend Equity ETF were worth $2,205,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Raleigh Capital Management Inc. bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $28,000. Bear Mountain Capital Inc. bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at about $34,000. Howe & Rusling Inc. raised its position in shares of Schwab US Dividend Equity ETF by 209.8% in the third quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock valued at $36,000 after purchasing an additional 344 shares during the period. Carmel Capital Partners LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $39,000. Finally, Venturi Wealth Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $44,000.

Schwab US Dividend Equity ETF Trading Up 0.7 %

Shares of Schwab US Dividend Equity ETF stock traded up $0.53 during trading on Tuesday, reaching $77.77. The company’s stock had a trading volume of 2,496,472 shares, compared to its average volume of 3,649,316. The stock has a 50-day moving average price of $78.22 and a two-hundred day moving average price of $75.05. Schwab US Dividend Equity ETF has a one year low of $66.67 and a one year high of $80.82. The stock has a market capitalization of $54.50 billion, a P/E ratio of 15.00 and a beta of 0.79.

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.