Schwab US Dividend Equity ETF $SCHD Shares Sold by TrueWealth Advisors LLC

TrueWealth Advisors LLC lowered its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 195,256 shares of the company’s stock after selling 14,836 shares during the quarter. Schwab US Dividend Equity ETF comprises 1.5% of TrueWealth Advisors LLC’s portfolio, making the stock its 15th largest position. TrueWealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,174,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Safeguard Investment Advisory Group LLC grew its stake in shares of Schwab US Dividend Equity ETF by 2,627.7% in the fourth quarter. Safeguard Investment Advisory Group LLC now owns 83,930 shares of the company’s stock valued at $2,293,000 after buying an additional 80,853 shares in the last quarter. Principal Financial Group Inc. acquired a new stake in Schwab US Dividend Equity ETF during the 1st quarter valued at approximately $384,000. Allspring Global Investments Holdings LLC grew its stake in Schwab US Dividend Equity ETF by 343.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 12,115 shares of the company’s stock valued at $339,000 after purchasing an additional 9,382 shares in the last quarter. Copley Financial Group Inc. grew its stake in Schwab US Dividend Equity ETF by 308.2% during the 4th quarter. Copley Financial Group Inc. now owns 13,687 shares of the company’s stock valued at $374,000 after purchasing an additional 10,334 shares in the last quarter. Finally, Elevate Wealth Advisory Inc. grew its stake in Schwab US Dividend Equity ETF by 7.4% during the 1st quarter. Elevate Wealth Advisory Inc. now owns 56,983 shares of the company’s stock valued at $1,593,000 after purchasing an additional 3,915 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.9%

Shares of NYSEARCA SCHD opened at $27.48 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72. The business has a 50 day moving average price of $27.30 and a two-hundred day moving average price of $26.83. The firm has a market cap of $71.68 billion, a PE 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.