Schwab US Dividend Equity ETF $SCHD Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC trimmed its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,576,470 shares of the company’s stock after selling 491,137 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.45% of Schwab US Dividend Equity ETF worth $315,806,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. RMG Wealth Management LLC purchased a new stake in Schwab US Dividend Equity ETF in the second quarter valued at $132,621,000. Osaic Holdings Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 12.1% in the 2nd quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock valued at $298,684,000 after buying an additional 1,217,005 shares during the period. DDD Partners LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 3,673.0% in the second quarter. DDD Partners LLC now owns 1,196,005 shares of the company’s stock worth $31,694,000 after buying an additional 1,164,306 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Schwab US Dividend Equity ETF by 6.0% during the second quarter. Envestnet Asset Management Inc. now owns 19,215,884 shares of the company’s stock worth $509,221,000 after acquiring an additional 1,083,206 shares during the period. Finally, Cerity Partners LLC raised its position in Schwab US Dividend Equity ETF by 18.0% during the third quarter. Cerity Partners LLC now owns 6,599,938 shares of the company’s stock valued at $180,178,000 after acquiring an additional 1,005,469 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.4%

Schwab US Dividend Equity ETF stock opened at $28.90 on Monday. The firm has a market cap of $75.72 billion, a PE ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $29.11. The stock’s 50 day simple moving average is $27.64 and its two-hundred day simple moving average is $27.34.

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.