Kellett Wealth Advisors LLC Reduces Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Kellett Wealth Advisors LLC cut its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 71.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 118,796 shares of the company’s stock after selling 297,028 shares during the period. Schwab US Dividend Equity ETF makes up about 6.7% of Kellett Wealth Advisors LLC’s investment portfolio, making the stock its 4th largest holding. Kellett Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $9,044,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Western Wealth Management LLC raised its holdings in Schwab US Dividend Equity ETF by 23.3% in the fourth quarter. Western Wealth Management LLC now owns 74,476 shares of the company’s stock worth $5,670,000 after buying an additional 14,077 shares during the last quarter. Tiller Private Wealth Inc. purchased a new position in Schwab US Dividend Equity ETF in the fourth quarter worth about $477,000. Curran Financial Partners LLC raised its holdings in Schwab US Dividend Equity ETF by 4.5% in the fourth quarter. Curran Financial Partners LLC now owns 250,412 shares of the company’s stock worth $19,131,000 after buying an additional 10,842 shares during the last quarter. Roman Butler Fullerton & Co. raised its holdings in Schwab US Dividend Equity ETF by 28.4% in the fourth quarter. Roman Butler Fullerton & Co. now owns 31,598 shares of the company’s stock worth $2,434,000 after buying an additional 6,995 shares during the last quarter. Finally, Opus Capital Group LLC raised its holdings in Schwab US Dividend Equity ETF by 1.9% in the fourth quarter. Opus Capital Group LLC now owns 76,977 shares of the company’s stock worth $5,860,000 after buying an additional 1,418 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD traded up $0.01 during mid-day trading on Thursday, hitting $75.82. 2,609,812 shares of the company traded hands, compared to its average volume of 3,675,388. The stock has a 50-day moving average price of $78.25 and a two-hundred day moving average price of $74.86. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $80.82. The stock has a market cap of $53.13 billion, a price-to-earnings ratio of 15.00 and a beta of 0.79.

About Schwab US Dividend Equity ETF

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.