Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Sold by Great Lakes Advisors LLC

Great Lakes Advisors LLC trimmed its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 27.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 54,295 shares of the company’s stock after selling 20,749 shares during the quarter. Great Lakes Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,943,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in SCHD. Moneta Group Investment Advisors LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 104,751.9% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 52,654,527 shares of the company’s stock valued at $3,977,523,000 after buying an additional 52,604,309 shares during the period. LPL Financial LLC boosted its position in shares of Schwab US Dividend Equity ETF by 6.5% during the 2nd quarter. LPL Financial LLC now owns 10,768,565 shares of the company’s stock worth $782,013,000 after purchasing an additional 653,862 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 14.3% during the 1st quarter. Ameriprise Financial Inc. now owns 9,805,935 shares of the company’s stock worth $715,915,000 after purchasing an additional 1,228,836 shares during the period. Charles Schwab Investment Advisory Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 1.1% in the 2nd quarter. Charles Schwab Investment Advisory Inc. now owns 9,700,763 shares of the company’s stock valued at $704,469,000 after purchasing an additional 107,042 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Schwab US Dividend Equity ETF by 8.1% in the first quarter. Bank of America Corp DE now owns 7,757,878 shares of the company’s stock valued at $567,566,000 after purchasing an additional 582,697 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.5 %

SCHD stock opened at $71.47 on Tuesday. The company’s 50-day moving average price is $70.45 and its 200 day moving average price is $71.91. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $79.49. The company has a market cap of $47.04 billion, a P/E ratio of 14.38 and a beta of 0.88.

About Schwab US Dividend Equity ETF

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.