34,327 Schwab US Dividend Equity ETF $SCHD Shares Sold by Trek Financial LLC

Trek Financial LLC decreased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 15.5% in the third quarter, Holdings Channel reports. The institutional investor owned 187,078 shares of the company’s stock after selling 34,327 shares during the quarter. Trek Financial LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,086,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Byrne Asset Management LLC bought a new stake in Schwab US Dividend Equity ETF during the 2nd quarter valued at about $26,000. DiNuzzo Private Wealth Inc. purchased a new position in Schwab US Dividend Equity ETF in the second quarter worth about $27,000. Livelsberger Financial Advisory bought a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth approximately $28,000. Ashton Thomas Securities LLC bought a new position in shares of Schwab US Dividend Equity ETF in the first quarter worth approximately $32,000. Finally, Signature Resources Capital Management LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 53.8% during the first quarter. Signature Resources Capital Management LLC now owns 1,430 shares of the company’s stock valued at $44,000 after buying an additional 500 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $35.78 on Monday. Schwab US Dividend Equity ETF has a twelve month low of $26.32 and a twelve month high of $36.10. The firm has a market cap of $120.80 billion, a P/E ratio of 14.57 and a beta of 0.68. The company has a 50 day moving average of $34.13 and a 200 day moving average of $32.32.

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.