Kohmann Bosshard Financial Services LLC Has $19.18 Million Stake in Schwab US Dividend Equity ETF $SCHD

Kohmann Bosshard Financial Services LLC trimmed its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 9.2% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 625,096 shares of the company’s stock after selling 63,551 shares during the period. Schwab US Dividend Equity ETF accounts for about 1.6% of Kohmann Bosshard Financial Services LLC’s investment portfolio, making the stock its 17th largest position. Kohmann Bosshard Financial Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $19,175,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Wells Fargo & Company MN raised its position in shares of Schwab US Dividend Equity ETF by 5.7% in the fourth quarter. Wells Fargo & Company MN now owns 10,203,553 shares of the company’s stock valued at $279,883,000 after purchasing an additional 552,907 shares during the period. Avantax Planning Partners Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 3.8% during the 4th quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock worth $277,214,000 after buying an additional 366,548 shares during the period. Cassaday & Co Wealth Management LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 52.2% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock worth $253,570,000 after buying an additional 3,170,728 shares during the period. Royal Bank of Canada grew its stake in Schwab US Dividend Equity ETF by 4.0% in the 4th quarter. Royal Bank of Canada now owns 7,995,065 shares of the company’s stock valued at $219,304,000 after buying an additional 304,047 shares during the last quarter. Finally, Cibc World Market Inc. grew its stake in Schwab US Dividend Equity ETF by 31.8% in the 4th quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock valued at $192,634,000 after buying an additional 1,694,144 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $31.71 on Wednesday. The company has a market capitalization of $90.02 billion, a PE ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a one year low of $26.21 and a one year high of $32.92. The company’s fifty day moving average price is $31.99 and its 200 day moving average price is $30.64.

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.