TD Waterhouse Canada Inc. Has $431,000 Position in Schwab US Dividend Equity ETF $SCHD

TD Waterhouse Canada Inc. cut its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 59.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,527 shares of the company’s stock after selling 20,127 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Schwab US Dividend Equity ETF were worth $431,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHD. MeadowBrook Investment Advisors LLC increased its position in Schwab US Dividend Equity ETF by 3.3% during the 1st quarter. MeadowBrook Investment Advisors LLC now owns 10,182 shares of the company’s stock worth $312,000 after buying an additional 325 shares during the period. Semus Wealth Partners LLC boosted its position in shares of Schwab US Dividend Equity ETF by 0.7% in the first quarter. Semus Wealth Partners LLC now owns 51,317 shares of the company’s stock valued at $1,574,000 after acquiring an additional 347 shares during the period. Harmony Asset Management LLC grew its stake in shares of Schwab US Dividend Equity ETF by 3.8% in the first quarter. Harmony Asset Management LLC now owns 9,585 shares of the company’s stock valued at $294,000 after acquiring an additional 354 shares in the last quarter. Commonwealth Financial Services LLC grew its stake in shares of Schwab US Dividend Equity ETF by 1.8% in the first quarter. Commonwealth Financial Services LLC now owns 20,837 shares of the company’s stock valued at $639,000 after acquiring an additional 374 shares in the last quarter. Finally, First Pacific Financial increased its position in Schwab US Dividend Equity ETF by 8.9% during the first quarter. First Pacific Financial now owns 4,681 shares of the company’s stock worth $144,000 after acquiring an additional 383 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $33.99 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $26.32 and a 52 week high of $35.31. The firm’s 50-day simple moving average is $33.82 and its 200 day simple moving average is $32.33. The firm has a market cap of $105.60 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

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.