Commonwealth Equity Services LLC Sells 460,515 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Commonwealth Equity Services LLC trimmed its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report) by 10.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,984,218 shares of the company’s stock after selling 460,515 shares during the period. Schwab US Dividend Equity ETF comprises about 0.5% of Commonwealth Equity Services LLC’s investment portfolio, making the stock its 28th largest position. Commonwealth Equity Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $309,813,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. AMG National Trust Bank raised its stake in shares of Schwab US Dividend Equity ETF by 0.3% in the fourth quarter. AMG National Trust Bank now owns 47,802 shares of the company’s stock valued at $3,639,000 after acquiring an additional 130 shares during the last quarter. PDS Planning Inc raised its position in Schwab US Dividend Equity ETF by 2.2% in the 1st quarter. PDS Planning Inc now owns 6,203 shares of the company’s stock valued at $500,000 after purchasing an additional 132 shares during the last quarter. SOA Wealth Advisors LLC. boosted its stake in Schwab US Dividend Equity ETF by 1.0% in the first quarter. SOA Wealth Advisors LLC. now owns 13,177 shares of the company’s stock worth $1,062,000 after purchasing an additional 133 shares in the last quarter. Bogart Wealth LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 2.9% during the fourth quarter. Bogart Wealth LLC now owns 4,784 shares of the company’s stock worth $364,000 after purchasing an additional 135 shares during the last quarter. Finally, Resonant Capital Advisors LLC increased its stake in shares of Schwab US Dividend Equity ETF by 4.2% in the first quarter. Resonant Capital Advisors LLC now owns 3,316 shares of the company’s stock valued at $267,000 after buying an additional 135 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.8 %

Shares of NYSEARCA SCHD opened at $84.53 on Friday. Schwab US Dividend Equity ETF has a 12-month low of $66.67 and a 12-month high of $84.57. The firm’s 50-day simple moving average is $80.47 and its 200 day simple moving average is $79.00. The company has a market cap of $59.30 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

Schwab US Dividend Equity ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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