Blair William & Co. IL Sells 23,796 Shares of Schwab US Dividend Equity ETF $SCHD

Blair William & Co. IL trimmed its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.6% during the 2nd quarter, HoldingsChannel reports. The fund owned 1,483,361 shares of the company’s stock after selling 23,796 shares during the quarter. Blair William & Co. IL’s holdings in Schwab US Dividend Equity ETF were worth $39,309,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Opal Wealth Advisors LLC bought a new stake in Schwab US Dividend Equity ETF during the 1st quarter valued at about $27,000. Kozak & Associates Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 476.1% during the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after buying an additional 938 shares during the last quarter. Financial Management Professionals Inc. increased its position in shares of Schwab US Dividend Equity ETF by 241.9% during the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after acquiring an additional 907 shares in the last quarter. Cooksen Wealth LLC purchased a new position in Schwab US Dividend Equity ETF in the 1st quarter worth approximately $38,000. Finally, Optimum Investment Advisors lifted its position in Schwab US Dividend Equity ETF by 57.6% in the 1st quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock valued at $39,000 after acquiring an additional 505 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.7%

Shares of SCHD opened at $27.00 on Friday. The company has a market cap of $70.55 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. The business’s fifty day simple moving average is $27.35 and its two-hundred day simple moving average is $26.75. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $29.72.

Schwab US Dividend Equity ETF 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.