Hunter Associates Investment Management LLC Trims Stake in Schwab US Dividend Equity ETF $SCHD

Hunter Associates Investment Management LLC lowered its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 11.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 586,593 shares of the company’s stock after selling 77,349 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 2.2% of Hunter Associates Investment Management LLC’s portfolio, making the stock its 9th largest position. Hunter Associates Investment Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $16,009,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in SCHD. PrairieView Partners LLC grew its position in Schwab US Dividend Equity ETF by 57.3% in the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after acquiring an additional 467 shares in the last quarter. Vaughan Nelson Investment Management L.P. purchased a new stake in Schwab US Dividend Equity ETF during the 2nd quarter valued at $39,000. Independence Bank of Kentucky purchased a new position in Schwab US Dividend Equity ETF during the third quarter worth $41,000. True Wealth Design LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 42.9% in 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. purchased a new stake in Schwab US Dividend Equity ETF in the 2nd quarter worth about $43,000.

Schwab US Dividend Equity ETF Stock Down 0.1%

SCHD opened at $29.14 on Friday. The business has a fifty day moving average of $27.83 and a 200 day moving average of $27.40. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.30. The stock has a market cap of $76.44 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.