Schwab US Dividend Equity ETF $SCHD Shares Sold by Boyum Wealth Architects LLC

Boyum Wealth Architects LLC reduced its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 76.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,631 shares of the company’s stock after selling 24,223 shares during the period. Boyum Wealth Architects LLC’s holdings in Schwab US Dividend Equity ETF were worth $250,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of SCHD. Byrne Asset Management LLC raised its stake in Schwab US Dividend Equity ETF by 311.0% during the third quarter. Byrne Asset Management LLC now owns 3,313 shares of the company’s stock worth $108,000 after purchasing an additional 2,507 shares during the period. Legacy Private Trust Co. purchased a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $6,150,000. Rosenberg Matthew Hamilton grew its stake in shares of Schwab US Dividend Equity ETF by 4.1% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 22,430 shares of the company’s stock valued at $730,000 after buying an additional 888 shares during the period. Olistico Wealth LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 3.6% during the 3rd quarter. Olistico Wealth LLC now owns 124,750 shares of the company’s stock worth $4,058,000 after buying an additional 4,305 shares during the last quarter. Finally, Eastern Bank acquired a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $2,385,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD traded up $0.14 during trading hours on Tuesday, hitting $32.85. The stock had a trading volume of 12,116,012 shares, compared to its average volume of 22,409,734. Schwab US Dividend Equity ETF has a 12-month low of $26.32 and a 12-month high of $35.31. The firm has a market cap of $108.97 billion, a P/E ratio of 14.57 and a beta of 0.68. The company’s fifty day simple moving average is $34.07 and its 200 day simple moving average is $32.59.

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.