Whittier Trust Co. of Nevada Inc. Decreases Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Whittier Trust Co. of Nevada Inc. lowered its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,982 shares of the company’s stock after selling 435 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Schwab US Dividend Equity ETF were worth $335,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SCHD. Bank of America Corp DE grew its stake in Schwab US Dividend Equity ETF by 569.6% during the 4th quarter. Bank of America Corp DE now owns 49,630,784 shares of the company’s stock valued at $1,355,913,000 after acquiring an additional 42,218,696 shares in the last quarter. LPL Financial LLC grew its position in Schwab US Dividend Equity ETF by 214.9% in the fourth quarter. LPL Financial LLC now owns 36,314,776 shares of the company’s stock valued at $992,120,000 after acquiring an additional 24,783,386 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 208.5% during the fourth quarter. Envestnet Asset Management Inc. now owns 19,626,674 shares of the company’s stock worth $536,201,000 after purchasing an additional 13,264,762 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 202.3% during the fourth quarter. Ameriprise Financial Inc. now owns 17,426,545 shares of the company’s stock worth $475,816,000 after purchasing an additional 11,661,011 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in Schwab US Dividend Equity ETF by 212.9% in the fourth quarter. Wells Fargo & Company MN now owns 12,294,235 shares of the company’s stock valued at $335,879,000 after acquiring an additional 8,364,559 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.8%

NYSEARCA:SCHD opened at $27.14 on Friday. The firm has a market capitalization of $70.82 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. The business’s 50-day moving average price is $26.63 and its two-hundred day moving average price is $26.97. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72.

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.