CNB Bank Sells 702 Shares of Schwab US Dividend Equity ETF $SCHD

CNB Bank cut its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 27.5% during the 2nd quarter, Holdings Channel reports. The firm owned 1,848 shares of the company’s stock after selling 702 shares during the quarter. CNB Bank’s holdings in Schwab US Dividend Equity ETF were worth $49,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its position in shares of Schwab US Dividend Equity ETF by 404.6% during the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after purchasing an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC grew its position in Schwab US Dividend Equity ETF by 206.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after buying an additional 51,696 shares during the period. Bison Wealth LLC increased its holdings in Schwab US Dividend Equity ETF by 234.4% during the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after buying an additional 309,400 shares during the last quarter. Sequoia Financial Advisors LLC raised its position in Schwab US Dividend Equity ETF by 4.9% in the first quarter. Sequoia Financial Advisors LLC now owns 213,422 shares of the company’s stock worth $5,967,000 after acquiring an additional 9,977 shares during the period. Finally, Transcend Capital Advisors LLC boosted its stake in Schwab US Dividend Equity ETF by 12.6% in the first quarter. Transcend Capital Advisors LLC now owns 45,278 shares of the company’s stock valued at $1,266,000 after acquiring an additional 5,050 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $27.03 on Friday. The firm has a 50 day moving average price of $27.34 and a 200-day moving average price of $26.76. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The company has a market capitalization of $70.07 billion, a P/E ratio of 14.57 and a beta of 0.88.

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.