Schwab US Dividend Equity ETF (SCHD) Shares Sold by Bank of America Corp DE

Bank of America Corp DE reduced its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 732,608 shares of the company’s stock after selling 19,267 shares during the quarter. Bank of America Corp DE owned approximately 0.48% of Schwab US Dividend Equity ETF worth $36,110,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. D.A. Davidson & CO. boosted its stake in shares of Schwab US Dividend Equity ETF by 5.6% during the 2nd quarter. D.A. Davidson & CO. now owns 321,758 shares of the company’s stock worth $15,859,000 after acquiring an additional 17,171 shares during the period. JNBA Financial Advisors boosted its stake in shares of Schwab US Dividend Equity ETF by 105.1% during the 2nd quarter. JNBA Financial Advisors now owns 23,505 shares of the company’s stock worth $1,159,000 after acquiring an additional 12,046 shares during the period. Asset Dedication LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 97.4% during the 2nd quarter. Asset Dedication LLC now owns 36,323 shares of the company’s stock worth $1,789,000 after acquiring an additional 17,926 shares during the period. Private Advisor Group LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 81.6% during the 2nd quarter. Private Advisor Group LLC now owns 41,935 shares of the company’s stock worth $2,064,000 after acquiring an additional 18,838 shares during the period. Finally, IFP Advisors Inc boosted its stake in shares of Schwab US Dividend Equity ETF by 27.4% during the 2nd quarter. IFP Advisors Inc now owns 68,519 shares of the company’s stock worth $3,377,000 after acquiring an additional 14,722 shares during the period.

Shares of NYSEARCA SCHD opened at $52.93 on Thursday. Schwab US Dividend Equity ETF has a 12 month low of $46.42 and a 12 month high of $54.60.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 28th. Stockholders of record on Wednesday, September 26th will be paid a dividend of $0.3668 per share. The ex-dividend date is Tuesday, September 25th. This represents a $1.47 annualized dividend and a dividend yield of 2.77%.

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

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