Schwab US Dividend Equity ETF $SCHD Stock Position Cut by Compass Financial Group INC SD

Compass Financial Group INC SD decreased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 9.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 162,455 shares of the company’s stock after selling 16,486 shares during the quarter. Schwab US Dividend Equity ETF makes up 0.6% of Compass Financial Group INC SD’s investment portfolio, making the stock its 23rd biggest holding. Compass Financial Group INC SD’s holdings in Schwab US Dividend Equity ETF were worth $5,285,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Paradiem LLC bought a new stake in Schwab US Dividend Equity ETF in the first quarter worth approximately $56,258,000. Baer Investment Advisory LLC acquired a new position in Schwab US Dividend Equity ETF during the 1st quarter valued at about $46,847,000. Royal Bank of Canada lifted its holdings in shares of Schwab US Dividend Equity ETF by 8.3% in the first quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock valued at $265,563,000 after purchasing an additional 660,876 shares in the last quarter. Ameritas Advisory Services LLC boosted its position in shares of Schwab US Dividend Equity ETF by 108.4% during the second quarter. Ameritas Advisory Services LLC now owns 1,262,852 shares of the company’s stock valued at $40,045,000 after buying an additional 656,892 shares during the last quarter. Finally, Asset One Wealth Management LLC purchased a new stake in Schwab US Dividend Equity ETF in the 4th quarter valued at $18,791,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock traded up $0.07 on Tuesday, hitting $33.33. The stock had a trading volume of 11,261,166 shares, compared to its average volume of 22,342,426. Schwab US Dividend Equity ETF has a 12-month low of $26.32 and a 12-month high of $35.31. The stock has a market cap of $110.96 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The business has a 50 day moving average of $34.01 and a 200 day moving average of $32.67.

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.