Cypress Capital LLC Sells 25,166 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Cypress Capital LLC reduced its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 50.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,983 shares of the company’s stock after selling 25,166 shares during the quarter. Cypress Capital LLC’s holdings in Schwab US Dividend Equity ETF were worth $683,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Alpha Financial Partners LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth about $1,283,000. Greenleaf Trust grew its stake in shares of Schwab US Dividend Equity ETF by 18.1% in the third quarter. Greenleaf Trust now owns 3,956 shares of the company’s stock worth $334,000 after purchasing an additional 605 shares during the last quarter. Grimes & Company Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 185.9% in the third quarter. Grimes & Company Inc. now owns 9,275 shares of the company’s stock worth $784,000 after purchasing an additional 6,031 shares during the last quarter. apricus wealth LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth about $264,000. Finally, West Michigan Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF by 8.1% in the third quarter. West Michigan Advisors LLC now owns 15,211 shares of the company’s stock worth $1,286,000 after purchasing an additional 1,139 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $28.21 on Friday. The stock has a market capitalization of $69.11 billion, a PE ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a 1 year low of $25.18 and a 1 year high of $29.72. The business’s 50-day moving average is $27.69 and its 200 day moving average is $28.02.

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.