Stockman Wealth Management Inc. Sells 266 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Stockman Wealth Management Inc. decreased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.9% during the 4th quarter, Holdings Channel reports. The firm owned 6,529 shares of the company’s stock after selling 266 shares during the quarter. Stockman Wealth Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $497,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Whitaker Myers Wealth Managers LTD. raised its stake in shares of Schwab US Dividend Equity ETF by 12.3% in the fourth quarter. Whitaker Myers Wealth Managers LTD. now owns 203,264 shares of the company’s stock worth $15,475,000 after purchasing an additional 22,221 shares during the last quarter. FMR LLC increased its position in shares of Schwab US Dividend Equity ETF by 22.7% during the third quarter. FMR LLC now owns 64,312 shares of the company’s stock valued at $4,551,000 after acquiring an additional 11,906 shares during the last quarter. M. Kulyk & Associates LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $514,000. Procyon Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 9.9% during the fourth quarter. Procyon Advisors LLC now owns 4,440 shares of the company’s stock valued at $338,000 after acquiring an additional 401 shares during the last quarter. Finally, Graypoint LLC increased its position in shares of Schwab US Dividend Equity ETF by 5.4% during the fourth quarter. Graypoint LLC now owns 4,969 shares of the company’s stock valued at $378,000 after acquiring an additional 255 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.8 %

Shares of SCHD traded up $0.62 on Monday, reaching $77.27. 3,075,420 shares of the company’s stock traded hands, compared to its average volume of 3,664,229. The stock has a market cap of $54.15 billion, a PE ratio of 15.00 and a beta of 0.79. The stock’s 50 day simple moving average is $78.22 and its two-hundred day simple moving average is $75.05. Schwab US Dividend Equity ETF has a 52-week low of $66.67 and a 52-week high of $80.82.

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.