Cambridge Advisors Inc. Lowers Position in Schwab US Dividend Equity ETF (SCHD)

Cambridge Advisors Inc. reduced its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.8% during the second quarter, HoldingsChannel.com reports. The fund owned 34,305 shares of the company’s stock after selling 2,500 shares during the quarter. Cambridge Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,691,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in SCHD. Bank of New York Mellon Corp purchased a new position in Schwab US Dividend Equity ETF during the 4th quarter valued at about $1,057,000. SNS Financial Group LLC purchased a new position in Schwab US Dividend Equity ETF during the 1st quarter valued at about $275,000. FDx Advisors Inc. purchased a new position in Schwab US Dividend Equity ETF during the 1st quarter valued at about $336,000. Capital Advantage Inc. grew its holdings in Schwab US Dividend Equity ETF by 0.8% during the 1st quarter. Capital Advantage Inc. now owns 205,971 shares of the company’s stock valued at $10,099,000 after buying an additional 1,663 shares in the last quarter. Finally, Wells Fargo & Company MN grew its holdings in Schwab US Dividend Equity ETF by 16.4% during the 1st quarter. Wells Fargo & Company MN now owns 602,897 shares of the company’s stock valued at $29,560,000 after buying an additional 84,919 shares in the last quarter.

Schwab US Dividend Equity ETF traded down $0.03, reaching $51.07, during mid-day trading on Monday, MarketBeat.com reports. 16,008 shares of the company traded hands, compared to its average volume of 960,476. Schwab US Dividend Equity ETF has a 52-week low of $45.22 and a 52-week high of $54.60.

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Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHD).

Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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