Schwab US Dividend Equity ETF $SCHD Stock Holdings Reduced by Schaeffer Financial LLC

Schaeffer Financial LLC trimmed its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 15.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 596,593 shares of the company’s stock after selling 106,347 shares during the quarter. Schwab US Dividend Equity ETF comprises 14.8% of Schaeffer Financial LLC’s holdings, making the stock its 4th biggest holding. Schaeffer Financial LLC’s holdings in Schwab US Dividend Equity ETF were worth $16,287,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Biltmore Family Office LLC increased its holdings in Schwab US Dividend Equity ETF by 116.4% in the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after acquiring an additional 524 shares during the last quarter. PrairieView Partners LLC boosted its position in Schwab US Dividend Equity ETF by 57.3% during the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after purchasing an additional 467 shares during the period. Vaughan Nelson Investment Management L.P. bought a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at approximately $39,000. Independence Bank of Kentucky bought a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $41,000. Finally, True Wealth Design LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 42.9% during the 3rd quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock valued at $41,000 after buying an additional 450 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.2%

Schwab US Dividend Equity ETF stock opened at $29.37 on Friday. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.79. The firm has a market capitalization of $77.11 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The firm has a 50 day simple moving average of $28.02 and a 200 day simple moving average of $27.45.

Schwab US Dividend Equity ETF Company 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.