Cascade Financial Partners LLC Cuts Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Cascade Financial Partners LLC lowered its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 28.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,034 shares of the company’s stock after selling 6,045 shares during the quarter. Cascade Financial Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $398,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in SCHD. Lederer & Associates Investment Counsel CA raised its stake in Schwab US Dividend Equity ETF by 1.5% in the 2nd quarter. Lederer & Associates Investment Counsel CA now owns 25,162 shares of the company’s stock valued at $667,000 after purchasing an additional 375 shares during the last quarter. Madden Advisory Services Inc. raised its position in shares of Schwab US Dividend Equity ETF by 0.3% in the second quarter. Madden Advisory Services Inc. now owns 113,315 shares of the company’s stock valued at $3,003,000 after buying an additional 383 shares during the last quarter. Bellevue Asset Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 1.2% in the second quarter. Bellevue Asset Management LLC now owns 33,109 shares of the company’s stock worth $877,000 after buying an additional 389 shares in the last quarter. Cowa LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 0.3% in the first quarter. Cowa LLC now owns 121,867 shares of the company’s stock worth $3,407,000 after buying an additional 394 shares in the last quarter. Finally, Narwhal Capital Management boosted its position in Schwab US Dividend Equity ETF by 1.1% during the second quarter. Narwhal Capital Management now owns 36,495 shares of the company’s stock worth $967,000 after acquiring an additional 400 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.2%

Shares of NYSEARCA SCHD opened at $26.77 on Tuesday. The stock has a market cap of $69.22 billion, a PE ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $29.72. The company has a 50-day moving average of $27.12 and a 200 day moving average of $26.88.

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.