Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Position Cut by St. Johns Investment Management Company LLC

St. Johns Investment Management Company LLC decreased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.8% during the first quarter, Holdings Channel.com reports. The fund owned 77,409 shares of the company’s stock after selling 3,907 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 3.0% of St. Johns Investment Management Company LLC’s holdings, making the stock its 7th biggest holding. St. Johns Investment Management Company LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,241,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Raleigh Capital Management Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth about $28,000. Voisard Asset Management Group Inc. purchased a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $29,000. Signature Resources Capital Management LLC purchased a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $32,000. Bear Mountain Capital Inc. purchased a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $34,000. Finally, Venturi Wealth Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $44,000.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $77.43 on Thursday. The firm has a market capitalization of $54.32 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1-year low of $66.67 and a 1-year high of $80.82. The company’s fifty day moving average price is $78.07 and its 200-day moving average price is $77.54.

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.