Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Sold by Salem Investment Counselors Inc.

Salem Investment Counselors Inc. decreased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,925 shares of the company’s stock after selling 310 shares during the quarter. Salem Investment Counselors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,445,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Charles Schwab Investment Advisory Inc. grew its position in shares of Schwab US Dividend Equity ETF by 0.5% during the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 9,680,868 shares of the company’s stock worth $737,004,000 after buying an additional 45,013 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Schwab US Dividend Equity ETF by 2.2% during the third quarter. JPMorgan Chase & Co. now owns 4,349,008 shares of the company’s stock worth $307,736,000 after buying an additional 95,086 shares in the last quarter. Royal Bank of Canada lifted its stake in Schwab US Dividend Equity ETF by 11.8% during the third quarter. Royal Bank of Canada now owns 4,280,883 shares of the company’s stock worth $302,916,000 after purchasing an additional 451,744 shares during the last quarter. Orgel Wealth Management LLC lifted its stake in Schwab US Dividend Equity ETF by 0.4% during the fourth quarter. Orgel Wealth Management LLC now owns 4,114,781 shares of the company’s stock worth $313,258,000 after purchasing an additional 16,858 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its stake in Schwab US Dividend Equity ETF by 6.9% during the fourth quarter. Wells Fargo & Company MN now owns 3,652,298 shares of the company’s stock worth $278,049,000 after purchasing an additional 235,941 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $78.12 on Monday. The business’s fifty day moving average price is $77.93 and its 200 day moving average price is $77.45. Schwab US Dividend Equity ETF has a 12-month low of $66.67 and a 12-month high of $80.82. The stock has a market capitalization of $54.80 billion, a PE ratio of 15.04 and a beta of 0.74.

Schwab US Dividend Equity ETF Company 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.