LVW Advisors LLC Has $64.40 Million Stock Holdings in Schwab US Dividend Equity ETF $SCHD

LVW Advisors LLC reduced its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 29.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,358,936 shares of the company’s stock after selling 964,122 shares during the quarter. Schwab US Dividend Equity ETF comprises 6.6% of LVW Advisors LLC’s portfolio, making the stock its 2nd biggest holding. LVW Advisors LLC owned approximately 0.09% of Schwab US Dividend Equity ETF worth $64,399,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in SCHD. Kingstone Capital Partners Texas LLC bought a new stake in Schwab US Dividend Equity ETF during the 2nd quarter valued at approximately $1,031,129,000. RMG Wealth Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the second quarter worth approximately $132,621,000. Osaic Holdings Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 12.1% in the second quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock valued at $298,684,000 after acquiring an additional 1,217,005 shares during the period. DDD Partners LLC boosted its position in shares of Schwab US Dividend Equity ETF by 3,673.0% in the second quarter. DDD Partners LLC now owns 1,196,005 shares of the company’s stock valued at $31,694,000 after acquiring an additional 1,164,306 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 6.0% in the second quarter. Envestnet Asset Management Inc. now owns 19,215,884 shares of the company’s stock worth $509,221,000 after acquiring an additional 1,083,206 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.1%

Shares of SCHD stock opened at $27.62 on Tuesday. The firm has a market capitalization of $71.42 billion, a P/E ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $28.84. The firm’s fifty day simple moving average is $27.24 and its 200 day simple moving average is $27.19.

Schwab US Dividend Equity ETF Company Profile

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.