Y Intercept Hong Kong Ltd Has $277,000 Stock Position in Schwab US Dividend Equity ETF $SCHD

Y Intercept Hong Kong Ltd lowered its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 68.0% in the first quarter, HoldingsChannel reports. The firm owned 9,028 shares of the company’s stock after selling 19,197 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Schwab US Dividend Equity ETF were worth $277,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of SCHD. Mountain Hill Investment Partners Corp. lifted its holdings in 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 valued at $25,000 after purchasing an additional 832 shares during the last quarter. Merrithew & Thorsten Inc acquired a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at $25,000. Field & Main Bank bought a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at about $29,000. Dynamic Wealth Strategies LLC bought a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at about $29,000. Finally, Triumph Capital Management acquired a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth about $33,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $32.34 on Thursday. Schwab US Dividend Equity ETF has a 52 week low of $26.21 and a 52 week high of $32.92. The company has a market capitalization of $98.42 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The company has a 50-day simple moving average of $32.20 and a 200 day simple moving average of $31.01.

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.