Schwab US Dividend Equity ETF $SCHD Shares Sold by Surience Private Wealth LLC

Surience Private Wealth LLC cut its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 22.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 332,330 shares of the company’s stock after selling 96,371 shares during the period. Schwab US Dividend Equity ETF accounts for about 10.9% of Surience Private Wealth LLC’s portfolio, making the stock its largest holding. Surience Private Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $10,196,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Godsey & Gibb Inc. raised its position in Schwab US Dividend Equity ETF by 3.8% in the first quarter. Godsey & Gibb Inc. now owns 13,402 shares of the company’s stock valued at $411,000 after purchasing an additional 491 shares during the period. Gilbert Capital Group Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at $12,881,000. Faithward Advisors LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 21.8% during the 1st quarter. Faithward Advisors LLC now owns 11,032 shares of the company’s stock worth $338,000 after purchasing an additional 1,978 shares during the period. Phil A. Younker & Associates Ltd. grew its holdings in shares of Schwab US Dividend Equity ETF by 4.4% during the 1st quarter. Phil A. Younker & Associates Ltd. now owns 274,492 shares of the company’s stock worth $8,421,000 after purchasing an additional 11,445 shares during the period. Finally, Richards Merrill & Peterson Inc. increased its position in shares of Schwab US Dividend Equity ETF by 26.2% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 151,829 shares of the company’s stock worth $4,658,000 after purchasing an additional 31,545 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.9%

Shares of SCHD opened at $31.72 on Thursday. The firm has a market cap of $90.04 billion, a P/E ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 12-month low of $26.16 and a 12-month high of $32.92. The company’s 50-day moving average price is $31.90 and its 200 day moving average price is $30.52.

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.