Winthrop Advisory Group LLC Has $10.18 Million Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Winthrop Advisory Group LLC lowered its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.6% in the first quarter, HoldingsChannel.com reports. The firm owned 126,276 shares of the company’s stock after selling 3,418 shares during the quarter. Schwab US Dividend Equity ETF comprises 1.5% of Winthrop Advisory Group LLC’s investment portfolio, making the stock its 15th largest position. Winthrop Advisory Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $10,182,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Charles Schwab Investment Advisory Inc. boosted its stake in Schwab US Dividend Equity ETF by 0.5% in the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 9,680,868 shares of the company’s stock valued at $737,004,000 after acquiring an additional 45,013 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Schwab US Dividend Equity ETF by 2.2% in the third quarter. JPMorgan Chase & Co. now owns 4,349,008 shares of the company’s stock valued at $307,736,000 after acquiring an additional 95,086 shares during the last quarter. Royal Bank of Canada boosted its stake in Schwab US Dividend Equity ETF by 11.8% in the third quarter. Royal Bank of Canada now owns 4,280,883 shares of the company’s stock valued at $302,916,000 after acquiring an additional 451,744 shares during the last quarter. Orgel Wealth Management LLC boosted its stake in Schwab US Dividend Equity ETF by 0.9% in the first quarter. Orgel Wealth Management LLC now owns 4,152,801 shares of the company’s stock valued at $334,840,000 after acquiring an additional 38,020 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its stake in Schwab US Dividend Equity ETF by 6.9% in the fourth quarter. Wells Fargo & Company MN now owns 3,652,298 shares of the company’s stock valued at $278,049,000 after acquiring an additional 235,941 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.6 %

SCHD stock traded up $0.49 during midday trading on Friday, reaching $77.76. The company’s stock had a trading volume of 3,536,614 shares, compared to its average volume of 3,305,000. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $80.82. The stock has a market cap of $54.55 billion, a PE ratio of 15.04 and a beta of 0.74. The business’s 50-day simple moving average is $78.12 and its 200-day simple moving average is $77.60.

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.