Schwab US Dividend Equity ETF $SCHD is Walker Financial Services Inc.’s 3rd Largest Position

Walker Financial Services Inc. cut its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 12.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,037,577 shares of the company’s stock after selling 146,915 shares during the quarter. Schwab US Dividend Equity ETF comprises 10.3% of Walker Financial Services Inc.’s investment portfolio, making the stock its 3rd largest position. Walker Financial Services Inc.’s holdings in Schwab US Dividend Equity ETF were worth $28,461,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of SCHD. Mountain Hill Investment Partners Corp. raised its stake in shares of Schwab US Dividend Equity ETF by 1,241.8% in the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after purchasing an additional 832 shares during the last quarter. Biltmore Family Office LLC increased its position in shares of Schwab US Dividend Equity ETF by 116.4% during the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after acquiring an additional 524 shares during the last quarter. Triumph Capital Management purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $33,000. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $35,000. Finally, Reyes Financial Architecture Inc. increased its position in shares of Schwab US Dividend Equity ETF by 1,903.1% during the third quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock valued at $36,000 after acquiring an additional 1,237 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.2%

Shares of SCHD opened at $30.98 on Wednesday. The company has a market capitalization of $87.07 billion, a price-to-earnings ratio of 14.57 and a beta of 0.70. The stock has a 50 day moving average of $31.01 and a 200 day moving average of $28.96. Schwab US Dividend Equity ETF has a 12 month low of $25.11 and a 12 month high of $31.95.

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.