Schwab US Dividend Equity ETF $SCHD Holdings Trimmed by LGT Financial Advisors LLC

LGT Financial Advisors LLC reduced its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 28.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,072 shares of the company’s stock after selling 1,251 shares during the period. LGT Financial Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $81,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SCHD. Kingstone Capital Partners Texas LLC acquired a new stake in Schwab US Dividend Equity ETF during the second quarter valued at approximately $1,031,129,000. LPL Financial LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 6.8% in the first 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 in the last quarter. Wealthspire Advisors LLC increased 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 valued at $826,353,000 after buying an additional 14,410,724 shares in the last quarter. Avantax Advisory Services Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 6.3% during the 1st quarter. Avantax Advisory Services Inc. now owns 27,640,926 shares of the company’s stock valued at $772,840,000 after acquiring an additional 1,637,300 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 0.7% during the 1st quarter. Ameriprise Financial Inc. now owns 17,539,875 shares of the company’s stock worth $491,196,000 after acquiring an additional 113,330 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.7%

Shares of Schwab US Dividend Equity ETF stock opened at $26.99 on Tuesday. The stock’s fifty day moving average is $27.36 and its 200-day moving average is $26.71. The firm has a market capitalization of $70.17 billion, a PE ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $29.72.

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.