Schwab US Dividend Equity ETF $SCHD Stock Holdings Cut by Mainstream Capital Management LLC

Mainstream Capital Management LLC lowered its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.5% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 8,785 shares of the company’s stock after selling 414 shares during the period. Mainstream Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $233,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of SCHD. Lederer & Associates Investment Counsel CA boosted its position in shares of Schwab US Dividend Equity ETF by 1.5% during the 2nd quarter. Lederer & Associates Investment Counsel CA now owns 25,162 shares of the company’s stock valued at $667,000 after purchasing an additional 375 shares in the last quarter. Cowa LLC boosted its position in shares of Schwab US Dividend Equity ETF by 0.3% during the 1st quarter. Cowa LLC now owns 121,867 shares of the company’s stock valued at $3,407,000 after purchasing an additional 394 shares in the last quarter. Gateway Wealth Partners LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 3.2% in the first quarter. Gateway Wealth Partners LLC now owns 12,883 shares of the company’s stock worth $360,000 after buying an additional 400 shares during the period. Clear Point Advisors Inc. boosted its stake in Schwab US Dividend Equity ETF by 1.4% in the 1st quarter. Clear Point Advisors Inc. now owns 30,008 shares of the company’s stock worth $839,000 after purchasing an additional 404 shares during the period. Finally, Mirador Capital Partners LP boosted its stake in Schwab US Dividend Equity ETF by 2.0% in the 2nd quarter. Mirador Capital Partners LP now owns 20,644 shares of the company’s stock worth $547,000 after purchasing an additional 404 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $27.40 on Wednesday. The firm has a market capitalization of $71.47 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. The company has a 50 day moving average price of $27.32 and a 200 day moving average price of $26.79. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.72.

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.