Presidio Capital Management LLC Sells 471,138 Shares of Schwab US Dividend Equity ETF $SCHD

Presidio Capital Management LLC reduced its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 33.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 925,274 shares of the company’s stock after selling 471,138 shares during the period. Schwab US Dividend Equity ETF makes up about 9.4% of Presidio Capital Management LLC’s investment portfolio, making the stock its 3rd biggest position. Presidio Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $24,520,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. LPL Financial LLC lifted its holdings in Schwab US Dividend Equity ETF by 6.8% in the first quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock valued at $1,084,442,000 after buying an additional 2,470,706 shares during the period. Wealthspire Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF by 95.2% in the first quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock valued at $826,353,000 after buying an additional 14,410,724 shares during the period. Avantax Advisory Services Inc. lifted its holdings in Schwab US Dividend Equity ETF by 6.3% in the first quarter. Avantax Advisory Services Inc. now owns 27,640,926 shares of the company’s stock valued at $772,840,000 after buying an additional 1,637,300 shares during the period. Ameriprise Financial Inc. lifted its holdings in Schwab US Dividend Equity ETF by 0.7% in the first quarter. Ameriprise Financial Inc. now owns 17,539,875 shares of the company’s stock valued at $491,196,000 after buying an additional 113,330 shares during the period. Finally, Commonwealth Equity Services LLC lifted its holdings in Schwab US Dividend Equity ETF by 2.8% in the first quarter. Commonwealth Equity Services LLC now owns 13,496,416 shares of the company’s stock valued at $377,360,000 after buying an additional 365,856 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $27.34 on Tuesday. The company’s 50 day simple moving average is $27.30 and its 200 day simple moving average is $26.81. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72. The firm has a market capitalization of $71.31 billion, a P/E ratio of 14.57 and a beta of 0.88.

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.