Schwab US Dividend Equity ETF $SCHD Shares Sold by Freestone Capital Holdings LLC

Freestone Capital Holdings LLC trimmed its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 9.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,069 shares of the company’s stock after selling 2,745 shares during the period. Freestone Capital Holdings LLC’s holdings in Schwab US Dividend Equity ETF were worth $664,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in SCHD. Brighton Jones LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 404.6% in the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after buying an additional 84,262 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 206.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after buying an additional 51,696 shares in the last quarter. Bison Wealth LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 234.4% in the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after buying an additional 309,400 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 343.3% in the first quarter. Allspring Global Investments Holdings LLC now owns 12,115 shares of the company’s stock valued at $339,000 after buying an additional 9,382 shares in the last quarter. Finally, Principal Financial Group Inc. bought a new position in shares of Schwab US Dividend Equity ETF in the first quarter valued at $384,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $26.44 on Wednesday. The stock has a market capitalization of $68.44 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 $29.72. The business’s fifty day moving average is $27.22 and its two-hundred day moving average is $26.84.

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.