Broadleaf Partners LLC Sells 173,295 Shares of Schwab US Dividend Equity ETF $SCHD

Broadleaf Partners LLC reduced its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 94.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 9,536 shares of the company’s stock after selling 173,295 shares during the quarter. Broadleaf Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $262,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Mountain Hill Investment Partners Corp. lifted its holdings in shares of Schwab US Dividend Equity ETF by 1,241.8% during the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after acquiring an additional 832 shares during the last quarter. Merrithew & Thorsten Inc bought a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $25,000. Field & Main Bank bought a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $29,000. Dynamic Wealth Strategies LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $29,000. Finally, Triumph Capital Management bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $33,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $32.82 on Friday. Schwab US Dividend Equity ETF has a 52-week low of $26.16 and a 52-week high of $32.92. The company has a market capitalization of $93.17 billion, a P/E ratio of 14.57 and a beta of 0.67. The company has a fifty day moving average of $31.68 and a 200-day moving average of $30.24.

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.