Schwab US Dividend Equity ETF $SCHD Shares Sold by Procyon Advisors LLC

Procyon Advisors LLC trimmed its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 8.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,076 shares of the company’s stock after selling 1,143 shares during the quarter. Procyon Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $347,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. LPL Financial LLC grew its stake in shares of Schwab US Dividend Equity ETF by 6.8% during the 1st 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 during the period. Wealthspire Advisors LLC grew its position in Schwab US Dividend Equity ETF by 95.2% during the first quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock valued at $826,353,000 after acquiring an additional 14,410,724 shares during the period. Avantax Advisory Services Inc. increased its stake in Schwab US Dividend Equity ETF by 6.3% during the first quarter. Avantax Advisory Services Inc. now owns 27,640,926 shares of the company’s stock worth $772,840,000 after acquiring an additional 1,637,300 shares during the last quarter. Ameriprise Financial Inc. increased its stake in Schwab US Dividend Equity ETF by 0.7% during the first 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 during the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 2.8% in the 1st quarter. Commonwealth Equity Services LLC now owns 13,496,416 shares of the company’s stock worth $377,360,000 after purchasing an additional 365,856 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $27.45 on Friday. The stock has a 50-day simple moving average of $27.31 and a 200-day simple moving average of $26.82. The stock has a market capitalization of $71.60 billion, a P/E ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.72.

Schwab US Dividend Equity ETF 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.