HighTower Advisors LLC Reduces Stock Position in Schwab US Dividend Equity ETF $SCHD

HighTower Advisors LLC lessened its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,411,808 shares of the company’s stock after selling 272,730 shares during the quarter. HighTower Advisors LLC owned approximately 0.21% of Schwab US Dividend Equity ETF worth $148,446,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Colorado Capital Management Inc. increased its stake in Schwab US Dividend Equity ETF by 0.9% in the fourth quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock valued at $1,060,000 after purchasing an additional 362 shares during the last quarter. Westside Investment Management Inc. increased its stake in Schwab US Dividend Equity ETF by 5.6% in the third quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock valued at $198,000 after purchasing an additional 383 shares during the last quarter. International Private Wealth Advisors LLC increased its stake in Schwab US Dividend Equity ETF by 3.3% in the fourth quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock valued at $340,000 after purchasing an additional 397 shares during the last quarter. Whittier Trust Co. of Nevada Inc. increased its stake in Schwab US Dividend Equity ETF by 3.4% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 12,384 shares of the company’s stock valued at $339,000 after purchasing an additional 402 shares during the last quarter. Finally, Archer Investment Corp increased its stake in Schwab US Dividend Equity ETF by 5.0% in the fourth quarter. Archer Investment Corp now owns 8,534 shares of the company’s stock valued at $234,000 after purchasing an additional 404 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.2%

Shares of Schwab US Dividend Equity ETF stock opened at $32.10 on Wednesday. The firm has a market capitalization of $91.12 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 52 week low of $25.69 and a 52 week high of $32.19. The firm’s 50 day moving average is $31.04 and its two-hundred day moving average is $29.55.

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.