Transcend Capital Advisors LLC Reduces Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Transcend Capital Advisors LLC cut its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,228 shares of the company’s stock after selling 573 shares during the quarter. Transcend Capital Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,099,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Sumitomo Life Insurance Co. grew its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after acquiring an additional 17,880,000 shares in the last quarter. LPL Financial LLC boosted its holdings in Schwab US Dividend Equity ETF by 3.1% in the third quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock valued at $974,748,000 after purchasing an additional 350,872 shares during the last quarter. Orgel Wealth Management LLC grew its stake in Schwab US Dividend Equity ETF by 159.8% during the 4th quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock valued at $302,220,000 after purchasing an additional 6,804,908 shares in the last quarter. Cassaday & Co Wealth Management LLC increased its holdings in Schwab US Dividend Equity ETF by 210.2% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 5,755,912 shares of the company’s stock worth $157,252,000 after purchasing an additional 3,900,238 shares during the last quarter. Finally, Keystone Financial Planning Inc. raised its position in shares of Schwab US Dividend Equity ETF by 188.6% in the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after purchasing an additional 3,506,729 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.4 %

Schwab US Dividend Equity ETF stock opened at $28.21 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $25.18 and a 52 week high of $29.72. The stock has a market cap of $69.11 billion, a P/E ratio of 17.48 and a beta of 0.88. The stock has a 50 day moving average of $27.69 and a 200-day moving average of $28.02.

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.