Schwab US Dividend Equity ETF $SCHD Shares Sold by Sumitomo Mitsui Financial Group Inc.

Sumitomo Mitsui Financial Group Inc. decreased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 20.8% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 142,223 shares of the company’s stock after selling 37,400 shares during the period. Sumitomo Mitsui Financial Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $3,769,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Safe Harbor Fiduciary LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 73,769.4% in the second quarter. Safe Harbor Fiduciary LLC now owns 26,593 shares of the company’s stock worth $705,000 after buying an additional 26,557 shares during the last quarter. Choreo LLC raised its stake in Schwab US Dividend Equity ETF by 24.1% in the 2nd quarter. Choreo LLC now owns 1,328,370 shares of the company’s stock worth $35,230,000 after acquiring an additional 257,583 shares during the last quarter. North Star Asset Management Inc. lifted its position in Schwab US Dividend Equity ETF by 4.6% during the 2nd quarter. North Star Asset Management Inc. now owns 26,367 shares of the company’s stock worth $699,000 after acquiring an additional 1,156 shares during the period. FourThought Financial Partners LLC grew its stake in Schwab US Dividend Equity ETF by 75.6% during the 2nd quarter. FourThought Financial Partners LLC now owns 65,427 shares of the company’s stock valued at $1,734,000 after purchasing an additional 28,170 shares during the last quarter. Finally, XTX Topco Ltd acquired a new position in shares of Schwab US Dividend Equity ETF in the second quarter valued at about $805,000.

Schwab US Dividend Equity ETF Stock Up 0.5%

Schwab US Dividend Equity ETF stock opened at $27.45 on Thursday. The stock has a 50-day moving average price of $27.01 and a 200 day moving average price of $26.98. The company has a market capitalization of $70.98 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.62.

Schwab US Dividend Equity ETF 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.