Cutler Investment Counsel LLC Lowers Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Cutler Investment Counsel LLC reduced its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 160,620 shares of the company’s stock after selling 7,480 shares during the period. Cutler Investment Counsel LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,491,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of SCHD. Russell Investments Group Ltd. boosted its holdings in Schwab US Dividend Equity ETF by 268.3% in the fourth quarter. Russell Investments Group Ltd. now owns 22,732 shares of the company’s stock valued at $621,000 after purchasing an additional 16,560 shares during the period. Barclays PLC purchased a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at $74,000. Safeguard Investment Advisory Group LLC boosted its holdings in Schwab US Dividend Equity ETF by 2,627.7% in the fourth quarter. Safeguard Investment Advisory Group LLC now owns 83,930 shares of the company’s stock valued at $2,293,000 after purchasing an additional 80,853 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in Schwab US Dividend Equity ETF by 343.3% in the first quarter. Allspring Global Investments Holdings LLC now owns 12,115 shares of the company’s stock valued at $339,000 after purchasing an additional 9,382 shares during the period. Finally, Principal Financial Group Inc. purchased a new position in Schwab US Dividend Equity ETF in the first quarter valued at $384,000.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $27.17 on Wednesday. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72. The stock has a market cap of $70.95 billion, a PE ratio of 14.57 and a beta of 0.88. The stock’s fifty day moving average is $26.77 and its two-hundred day moving average is $26.97.

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.