Jacobi Capital Management LLC Decreases Holdings in Schwab US Dividend Equity ETF $SCHD

Jacobi Capital Management LLC trimmed its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 106,037 shares of the company’s stock after selling 3,653 shares during the quarter. Jacobi Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,965,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of SCHD. Opal Wealth Advisors LLC bought a new position in Schwab US Dividend Equity ETF in the first quarter valued at about $27,000. Cooksen Wealth LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the 1st quarter valued at about $38,000. Optimum Investment Advisors increased its position in shares of Schwab US Dividend Equity ETF by 57.6% during the 1st quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock valued at $39,000 after purchasing an additional 505 shares during the last quarter. MTM Investment Management LLC bought a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter worth approximately $40,000. Finally, Westside Investment Management Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 3,666.7% in the first quarter. Westside Investment Management Inc. now owns 1,469 shares of the company’s stock worth $41,000 after buying an additional 1,430 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.2%

Shares of NYSEARCA SCHD opened at $27.50 on Thursday. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $29.72. The firm has a market capitalization of $71.73 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. The firm has a 50 day moving average of $27.29 and a 200 day moving average of $26.85.

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.