Schwab US Dividend Equity ETF $SCHD Stock Position Lowered by Titleist Asset Management LLC

Titleist Asset Management LLC decreased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 13.8% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 167,167 shares of the company’s stock after selling 26,874 shares during the period. Titleist Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,438,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in SCHD. Byrne Asset Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the second quarter valued at approximately $26,000. DiNuzzo Private Wealth Inc. purchased a new position in shares of Schwab US Dividend Equity ETF in the second quarter valued at $27,000. Ashton Thomas Securities LLC acquired a new stake in Schwab US Dividend Equity ETF during the 1st quarter valued at $32,000. Investment Counsel Co. of Nevada acquired a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at $38,000. Finally, Signature Resources Capital Management LLC increased its stake in Schwab US Dividend Equity ETF by 53.8% during the 1st quarter. Signature Resources Capital Management LLC now owns 1,430 shares of the company’s stock worth $44,000 after buying an additional 500 shares during the period.

Schwab US Dividend Equity ETF Trading Up 1.1%

SCHD stock traded up $0.36 during trading on Thursday, reaching $33.02. The stock had a trading volume of 13,905,995 shares, compared to its average volume of 22,398,805. The firm has a fifty day moving average price of $34.02 and a 200 day moving average price of $32.62. The company has a market capitalization of $109.77 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 1-year low of $26.32 and a 1-year high of $35.31.

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.