Abbrea Capital LLC Sells 1,737 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Abbrea Capital LLC reduced its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.3% in the second quarter, according to its most recent filing with the SEC. The fund owned 31,150 shares of the company’s stock after selling 1,737 shares during the period. Abbrea Capital LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,448,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. International Assets Investment Management LLC bought a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at $1,176,000. Natixis Advisors L.P. increased its holdings in shares of Schwab US Dividend Equity ETF by 36.7% in the 4th quarter. Natixis Advisors L.P. now owns 13,960 shares of the company’s stock valued at $1,062,000 after acquiring an additional 3,749 shares during the period. BNP Paribas Financial Markets purchased a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $354,000. Ieq Capital LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 4.1% in the 4th quarter. Ieq Capital LLC now owns 5,780 shares of the company’s stock valued at $440,000 after acquiring an additional 230 shares during the period. Finally, Kingsview Wealth Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 39.3% in the 4th quarter. Kingsview Wealth Management LLC now owns 70,007 shares of the company’s stock valued at $5,330,000 after acquiring an additional 19,739 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.1 %

Shares of NYSEARCA:SCHD opened at $82.65 on Friday. Schwab US Dividend Equity ETF has a 12-month low of $66.67 and a 12-month high of $84.57. The business’s fifty day simple moving average is $81.44 and its 200-day simple moving average is $79.36. The company has a market capitalization of $57.98 billion, a PE ratio of 15.04 and a beta of 0.74.

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.