Concord Asset Management LLC VA Sells 59,347 Shares of Schwab US Dividend Equity ETF $SCHD

Concord Asset Management LLC VA cut its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 45.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 72,085 shares of the company’s stock after selling 59,347 shares during the quarter. Concord Asset Management LLC VA’s holdings in Schwab US Dividend Equity ETF were worth $1,968,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of SCHD. Biltmore Family Office LLC grew its stake in shares of Schwab US Dividend Equity ETF by 116.4% during the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after buying an additional 524 shares during the last quarter. PrairieView Partners LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 57.3% in the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after acquiring an additional 467 shares during the last quarter. Independence Bank of Kentucky purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $41,000. True Wealth Design LLC grew its position in Schwab US Dividend Equity ETF by 42.9% during the 3rd quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock worth $41,000 after acquiring an additional 450 shares during the last quarter. Finally, Total Investment Management Inc. bought a new position in Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $43,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $31.47 on Friday. The company has a market capitalization of $82.77 billion, a P/E ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $31.49. The stock has a 50 day moving average price of $28.42 and a two-hundred day moving average price of $27.60.

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.