Schwab US Dividend Equity ETF $SCHD Shares Sold by Hughes Financial Services LLC

Hughes Financial Services LLC trimmed its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 34.9% during the second quarter, Holdings Channel.com reports. The firm owned 3,773 shares of the company’s stock after selling 2,021 shares during the period. Hughes Financial Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $101,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at about $1,031,129,000. Wealthspire Advisors LLC increased its stake in Schwab US Dividend Equity ETF by 95.2% in the first quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock valued at $826,353,000 after purchasing an additional 14,410,724 shares during the last quarter. RMG Wealth Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $132,621,000. LPL Financial LLC grew its position in shares of Schwab US Dividend Equity ETF by 6.8% in the 1st quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock valued at $1,084,442,000 after buying an additional 2,470,706 shares during the last quarter. Finally, Cresset Asset Management LLC grew its position in shares of Schwab US Dividend Equity ETF by 37.5% in the 1st quarter. Cresset Asset Management LLC now owns 7,582,282 shares of the company’s stock valued at $212,001,000 after buying an additional 2,069,007 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $26.72 on Monday. The company has a fifty day moving average of $27.14 and a two-hundred day moving average of $26.87. The company has a market capitalization of $69.09 billion, a PE ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year 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.