Schwab US Dividend Equity ETF $SCHD Stock Holdings Lessened by Hamel Associates Inc.

Hamel Associates Inc. cut its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 8.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 112,453 shares of the company’s stock after selling 10,549 shares during the quarter. Hamel Associates Inc.’s holdings in Schwab US Dividend Equity ETF were worth $2,980,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of SCHD. Kingstone Capital Partners Texas LLC purchased a new position in Schwab US Dividend Equity ETF in the 2nd quarter worth about $1,031,129,000. Wealthspire Advisors LLC boosted its holdings in shares of 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 worth $826,353,000 after buying an additional 14,410,724 shares during the period. RMG Wealth Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the second quarter worth approximately $132,621,000. Cresset Asset Management LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 37.5% during the first quarter. Cresset Asset Management LLC now owns 7,582,282 shares of the company’s stock valued at $212,001,000 after acquiring an additional 2,069,007 shares during the period. Finally, DDD Partners LLC lifted its position in shares of Schwab US Dividend Equity ETF by 3,673.0% in the 2nd quarter. DDD Partners LLC now owns 1,196,005 shares of the company’s stock valued at $31,694,000 after acquiring an additional 1,164,306 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $27.59 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.58. The firm has a market capitalization of $71.34 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The company has a 50 day moving average price of $27.02 and a 200 day moving average price of $27.00.

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.